Q6. Small businesses are generally operated by the owner/operator concept. There is also a tendency that finances and cash flows are mixed between personal and that of business. This has often led to cash flow mismanagement and sometimes loan default. Explain how a credit officer should proceed in the evaluation of credits to small businesses.

Essentials Of Investments
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ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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Q6. Small businesses are generally operated by the owner/operator concept. There is also a tendency that
finances and cash flows are mixed between personal and that of business. This has often led to
cash flow mismanagement and sometimes loan default.
Explain how a credit officer should proceed in the evaluation of credits to small businesses
Transcribed Image Text:Q6. Small businesses are generally operated by the owner/operator concept. There is also a tendency that finances and cash flows are mixed between personal and that of business. This has often led to cash flow mismanagement and sometimes loan default. Explain how a credit officer should proceed in the evaluation of credits to small businesses
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