Solved

Entrepreneurs Applying for a Bank Loan Should Realize That Bankers

Question 141

Multiple Choice

Entrepreneurs applying for a bank loan should realize that bankers will


A) expect to receive a share of ownership in the business in exchange for their loan.
B) expect the entrepreneur to provide a business plan.
C) generally make loans only to small businesses in dot-com related industries.
D) offer only short-term financing.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions