Which of the following is not a concern for lenders when they consider an entrepreneur for a loan?
A)The amount of money that is needed
B)The kind of positive impact the loan will have on the business
C)The number of strategic partners the venture has
D)The kinds of assets the business has for collateral
E)How the business will repay the loan

Question

Which of the following is not a concern for lenders when they consider an entrepreneur for a loan? ​
A)The amount of money that is needed
B)The kind of positive impact the loan will have on the business
C)The number of strategic partners the venture has
D)The kinds of assets the business has for collateral
E)How the business will repay the loan

Quizplus · Accepted Answer

Lenders typically focus on the borrower's ability to repay the loan, the amount of money needed, the potential positive impact of the loan on the business, the available collateral, and the repayment plan. The number of strategic partners, while potentially beneficial for the business's success and networking, is not a primary concern for lenders in the context of loan approval.

Which of the Following Is Not a Concern for Lenders