For SMEs, there’s a lot of terminology to get to grips with. Here, finance experts reveal the top 10 most important terms businesses need to understand.

Money is the lifeblood of any business – cash is needed not just for day-to-day operations but also to underwrite growth and expansion plans or vital investment.

For many firms, this means using some form of finance – but it can be a daunting and hugely complex task deciding on the type that’s most suitable for your business and its specific needs.

We spoke to the experts to identify the most commonly used and important bits of finance-related terminology to explain what they mean, and why they matter to your firm.

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