In his presentation to his banker when he applies for a business loan to purchase additional equipment, Alan should emphasise:
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 choices may be important factors to mention, the banker's primary concern is likely to be whether or not Alan will be able to repay the loan. Therefore, emphasizing how he plans to repay the principal of the loan is likely to be the most important factor in securing the loan.

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