With your understanding of the commercial lending processes, discuss your comfort level in participating in the financing efforts of a new business.
DQ1 With your understanding of the commercial lending processes, discuss your comfort level in participating in the financing efforts of a new business. Explain the lending processes in order from most comfortable to least. As an entrepreneur, would you feel comfortable with guiding or leading such efforts? Explain why or why not.
DQ2 How does a new business go about convincing a commercial lender that the business has a good credit rating?
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