I’m working on a management exercise and need an explanation to help me learn.
1. Define “initial capital requirements.” How can you determine these?
2. What are the 5 Cs of credit, and how do lenders use them?
3. What is pledging accounts receivable?
4. What are the advantages of borrowing through the SBA?
5. What is the difference between a secured loan and an unsecured loan?
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