Business finance

3. A company which buys the debts of a business for immediate cash is known as a ______________.
5. It refers to a facility taken by a business whereby it delays its payments to credit suppliers.
6. It describes a short-term, quickly arranged bank loan where a business is allowed to overdraw its accounts.
9. ________________ expenditure describes the spending on routine expenses.
10. The ______________ ration is a measurement of risk that banks consider when lending money to a business.
11. ________________ expenditure refers to spending on fixed assets.
12. Hiring or renting out fixed assets against monthly charges is known as _____________.

1. It describes a long-term loan certificate issued by a business to investors who invest huge sums of money in the firm.
2. It refers to the use of small amounts of capital from a large number of people to fund a new business.
4. It describes a special source of finance to entrepreneurs who don't have access to traditional banking facilities.
7. The finance needed to fund the day-to-day operations of a business is termed as '______________ capital.'
8. The finance needed to commence a business is known as '____________ capital.'