A ________ is normally initiated by a firm that needs funds for operations. Here, lessors acquire leased assets by purchasing assets already owned by the lessee and leasing them back.

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A sale-leaseback is a type of financial arrangement in which a company sells its assets to a lessor and then leases them back for a specified period of time. This type of arrangement is typically initiated by a firm that needs funds for operations. Lessors acquire leased assets by purchasing assets already owned by the lessee and leasing them back. This type of lease is considered a form of secured lending because the asset being leased is used as collateral to secure the lease.

A ________ Is Normally Initiated by a Firm That Needs