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Dec 25, 2006, 1:16 am
How does a financial institution decide which company to loan money to? 
 

   
   

Answers  (1)


k7 		Dec 27, 2006,12:34 am
When a company apply loan, the Relationship Manager of the Financial Institution will put up a proposal to the credit committee after going through their balance sheet and ensuring the company is relatively healthy. Upon approval, he then make a letter of offer to the company.