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QUESTION
2. How does a commercial lender at a bank or other financial institution determine whether a company should be approved for a commercial (i.e.,
2. How does a commercial lender at a bank or other financial institution determine whether a company should be approved for a commercial (i.e., business) loan? Understanding the seven 7 C"s of lending may help you answer this questions-Credit, Capacity, Capital, Character, Conditions, Collateral, and Commitment. Cash Budget 1. Define cash budget. What is the purpose of a cash budget?
