A lender will want to know the following in order to assess an applicant's management ability
A) the applicant's level of knowledge about the business
B) the applicant's personal interests and hobbies
C) how well liked the applicant is by their employees
D) performance evaluations received by the applicant when they were employed
Correct Answer:
Verified
Q11: a business should provide a lender with
Q12: Trade credit is a form of
A)cost cutting
B)debt
Q13: A personal net worth and capability statement
A)is
Q14: Choosing a particular lender may be most
Q15: "Collateral" refers to
A)other business being done with
Q16: The start up phase financing period will
Q17: Small business owners sometimes use personal credit
Q18: The type of financing sought is likely
Q19: Demand loans are usually most appropriate for
A)funding
Q20: A disadvantage of equity financing is
A)dilution of
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