Krumm & Associates
Certified Public Accountants & Consultants


 

$300 Financial Potpourri
Loan Proposals

Q. Bobby Borrower owns a company he started 9 months ago, his sales have doubled for 3 consecutive quarters. Since its inception, the company has experienced cash flow problems. Bobby fears approaching the bank for a loan because he thinks the bank will not lend money to a young business with consistent cash flow problems?

[ True ] [ False ]