John, Who Needs Funding for His Small Business, Approaches a Few

Multiple Choice

John, who needs funding for his small business, approaches a few lenders for funds. Which of the following will be true in this situation?

A) The lenders should have a voice in managing his business.
B) John's ability to attract money does not depend on the lender's perception of his character.
C) John's credit history will not be checked when he requests funding, because his business is small.
D) Since the money being borrowed is for an existing business, the lender(s) will typically look at its track record.