Help with business question

Business & Finance
Tutor: None Selected Time limit: 1 Day

Assume that you are starting a business and want to borrow money from a bank. Do you feel it is likely that a bank would lend money for a start-up business? What about the purchase of an existing business? Explain.

Apr 12th, 2015

A bank will only lend money to a start up business if that business can provide

- Predictable amount going to make

- Business Plan 

- How to pay bank back 

If the business plan is not to the bank liking and find that business will not sell then bank will not lend money. 

For existing I believe it is the same but more like history, income, and more. 

Apr 12th, 2015

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Apr 12th, 2015
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Apr 12th, 2015
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