A Business Owner Applying for a Loan Should

question 8

Multiple Choice

A business owner applying for a loan should

• A) develop a banking relationship with the banker.
• B) apply for a preapproved line of credit or a revolving credit agreement.
• C) supply CPA-prepared financial statements.
• D) supply tax returns for the last three years.
• E) All of these actions are appropriate behavior when applying for a business loan.

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