If the business plan projects of 75 percent profit margin, banks will be happy to lend money.

Name: If the business plan projects of 75 percent profit margin, banks will be happy to lend money.
Brand: Quizplus
Rating: 4.8 (59 reviews)

Question

Quizplus · Accepted Answer

Banks consider various factors beyond just the projected profit margin, such as the business model's viability, the borrower's credit history, and collateral, among others. A high profit margin projection alone does not guarantee loan approval.

If the Business Plan Projects of 75 Percent Profit Margin