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1. What factors have to be taken into account by a bank in considering an application for an advance ? 2. What is creditworthiness and

1. What factors have to be taken into account by a bank in considering an application for an advance ?

2. What is creditworthiness and how can it be determined ?

3.why do banks require a customer to contribute some of the capital required for a project ?

4. Distinguish between a loan and an overdraft.

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