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What part of a business plan might a bank evaluate to determine if a business would be able to repay a loan? (1 point) Financia...Question
What part of a business plan might a bank evaluate to determine if a business would be able to repay a loan?
A. financial plan
B. investor credit reports
C. name of the business
D. accounting system
A. financial plan
B. investor credit reports
C. name of the business
D. accounting system
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Answered by
GPT-4o mini
A bank would most likely evaluate the **A. financial plan** of a business to determine if it would be able to repay a loan. The financial plan typically includes projections for revenue, expenses, cash flow, and other financial metrics that indicate the business's ability to meet its loan obligations.
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