Asked by o
What part of a business plan might a bank evaluate to determine if a business would be able to repay a loan?(1 point)
Responses
Financial plan
Financial plan
Name of the business
Name of the business
Investor credit reports
Investor credit reports
Accounting system
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Financial plan
It shows cash flow, projected income, balance sheet and expense forecasts — the information a bank uses to judge ability to repay a loan.
It shows cash flow, projected income, balance sheet and expense forecasts — the information a bank uses to judge ability to repay a loan.
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