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How do banks view liabilities and other debt when they are considering extending credit to a...

How do banks view liabilities and other debt when they are considering extending credit to a company?

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Answer #1

Banks take a gander at the accompanying variables before favoring advance:

  • Business income, pay and business potential
  • Resources that can be utilized to make sure about credits
  • Individual and different finances previously put resources into the business
  • assets accessible to reimburse an advance
  • Consistence with advance terms and arrangements
  • Banking history and resources held inside the bank
  • Believability with sellers, loan specialists and credit offices
  • Organization capacity to give all necessary documentation
  • Demonstrated organization consistence with government charge code
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