Inexperienced type recalls going bust producing funds for campaign (3,5)
I believe the answer is:
war chest
'funds for campaign' is the definition.
(I've seen this before)
'inexperienced type recalls going bust' is the wordplay.
I cannot quite see how this works, but
'bust' could be 'chest' (I've seen this before) and 'chest' is present in the answer.
The remaining letters 'war' is a valid word which might be clued in a way I don't see.
This may be the basis of the clue (or it may be nonsense).
'producing' acts as a link.
Can you help me to learn more?
(Other definitions for war chest that I've seen before include "Funds set aside" , "funds for election, perhaps" , "ready for fighting?" , "Fighting fund" , "funds for action?" .)