Question: Which factor is NOT considered by bankers when evaluating a loan application for a small business? The ability of the business to repay the loan

Which factor is NOT considered by bankers when evaluating a loan application for a small business?
The ability of the business to repay the loan
The character of the business owner
The business's social media following
The amount of the loan requested
Which factor is NOT considered by bankers when evaluating a loan

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!

Q:

Which factor is NOT considered by bankers when evaluating a loan application for a small business? The character of the business owner The business's social media following The amount of the loan...

Q:

As a user of accounting information, being able to compare financial information across time (for the same company) and across companies (at the same point in time) makes comparisons even more...

Q:

As a user of accounting information, being able to compare financial information across time (for the same company) and across companies (at the same point in time) makes comparisons even more...

Q:

As a user of accounting information, being able to compare financial information across time (for the same company) and across companies (at the same point in time) makes comparisons even more...

Q:

As a user of accounting information, being able to compare financial information across time (for the same company) and across companies (at the same point in time) makes comparisons even more...

Q:

A company's ability to repay a short-term loan is often a function of the company's liquidity. Liquidity is commonly measured by dividing a company's current assets by its current liabilitiesthis is...

Q:

You are a bank loan officer considering the loan application of a small business in your area. The small business is experiencing a seasonal cash crunch and has come to your bank for a short-term...

Q:

Which of the following would NOT be considered a conflict of interest when acting as a loan officer? a. Assessing a loan application for a small business operated by your sister in law. b. Assessing...

Q:

Which of the following would NOT be considered a conflict of interest when acting as a loan officer? a. Assessing a loan application for a small business operated by your sister in law. b. Assessing...

Q:

Case Analysis 1. Compute the yield to maturity of Land'o'Toys' bonds before the purchase announcement and use it to determine the likely current bond rating. (Compare YTM to the table on p. 269)....

Q:

Starting one month from now, you need to withdraw $210 per month from your bank account to help cover the costs of your university education. You will continue the monthly withdrawals for the next...

Q:

A sample is chosen randomly from a population that was strongly skewed to the left. a) Describe the sampling distribution model for the sample mean if the sample size is small. b) If we make the...

Q:

After Waxing Crescent is the Four Quarters Moon. TRUE FALSE

Q:

1. Assume that you have just turned 35 years old and recently welcomed your first child. In order to celebrate this occasion you decide to start saving for your child's education and for your...