An entrepreneur at start-up when cash flow is very tight will prefer an equal monthly repayment schedule for a bank loan.

Question

Quizplus · Accepted Answer

An entrepreneur at start-up with tight cash flow will prefer a flexible repayment schedule for a bank loan, which allows for lower payments during lean months and higher payments during profitable months. This way, the entrepreneur can manage their cash flow better and avoid defaulting on the loan.

An Entrepreneur at Start-Up When Cash Flow Is Very Tight