In his presentation to the banker when he applies for a business loan to purchase additional equipment, Alan should emphasize
A) how much profit the new equipment will generate.
B) how he will be able to repay the principal of the loan.
C) how energy-efficient the new equipment is.
D) how much income he will generate for the bank.

Question

Quizplus · Accepted Answer

While all of the options are important factors to consider, the banker's primary concern will likely be how Alan intends to repay the loan. Therefore, emphasizing a clear plan for repayment is crucial in convincing the banker to approve the loan.

In His Presentation to the Banker When He Applies for a Business