A business owner applying for a loan should

Question

Quizplus · Accepted Answer

All of these actions are appropriate when applying for a business loan. Developing a banking relationship with the banker can show the business is trustworthy and reliable. Applying for a preapproved line of credit or revolving credit agreement can give the business access to funds when needed. Supplying CPA-prepared financial statements and tax returns for the last three years can demonstrate the financial stability and creditworthiness of the business.

A Business Owner Applying for a Loan Should