Forms of Short-term Financing/Resource Management: Difference between revisions
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The ability of company officers to manage the resources of the business, sometimes referred to as character, is a prime consideration when determining whether or not a loan will be made. Managerial capacity is an important factor involving education, experience and motivation. A proven positive ability to manage resources is also a large consideration. | The ability of company officers to manage the resources of the business, sometimes referred to as character, is a prime consideration when determining whether or not a loan will be made. Managerial capacity is an important factor involving education, experience and motivation. A proven positive ability to manage resources is also a large consideration. | ||
Revision as of 06:03, 11 April 2009
The ability of company officers to manage the resources of the business, sometimes referred to as character, is a prime consideration when determining whether or not a loan will be made. Managerial capacity is an important factor involving education, experience and motivation. A proven positive ability to manage resources is also a large consideration.