1994-07-01, English, Article, Journal or magazine article edition: Getting a bank loan when purse strings are tight. Arkin, Joseph

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Bookmark: https://trove.nla.gov.au/version/110652655
Physical Description
  • Magazine/​Journal article
Published
  • RLD Group, Inc., 1994 July
Language
  • English

Edition details

Title
  • Getting a bank loan when purse strings are tight.
Appears In
  • Manufactured Home MERCHANDISER, v42, no.n7, 1994 July, p21(2) (ISSN: 1047-2967)
Author
  • Arkin, Joseph
Published
  • RLD Group, Inc., 1994 July
Physical Description
  • Magazine/​Journal article
Subjects
Target Audience
  • Trade
Summary
  • Poor lending practices and projected recession have made bank regulators more strict with credit standards for bank loans. Thus, independent business owners are faced with more restrictions in securing loan approval. More bankers now require cash flow projections for justifying loaan requests. Some banks also demand independently audited financial statements to assess the borrowing firm's ability to pay.
Language
  • English
Database
  • Gale General OneFile
Identifier
  • 15604033

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