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Entrepreneurial Small Business 4th Edition by Jerome Katz ,Richard Green
Edition 4ISBN: 978-0078029424Entrepreneurial Small Business 4th Edition by Jerome Katz ,Richard Green
Edition 4ISBN: 978-0078029424 Exercise 11
Make an appointment with a loan officer at your bank who handles small businesses. Conduct an interview to find out the following:
a. Will the bank lend to small businesses, using receivables for collateral
b. Does the bank ever factor receivables or act as a collection agent for receivables
c. Present the example of the air-conditioning company in the section Money as the Key Idea, of this chapter. Ask what help from the bank would be available in such a situation. Write a report of your findings.
a. Will the bank lend to small businesses, using receivables for collateral
b. Does the bank ever factor receivables or act as a collection agent for receivables
c. Present the example of the air-conditioning company in the section Money as the Key Idea, of this chapter. Ask what help from the bank would be available in such a situation. Write a report of your findings.
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Entrepreneurial Small Business 4th Edition by Jerome Katz ,Richard Green
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