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Discuss the ten steps in the veracity and value of the lending cycle. Distinguish between 'hard' and 'soft' information about a small business. Give eight

Discuss the ten steps in the veracity and value of the lending cycle. 

 

Distinguish between 'hard' and 'soft' information about a small business. Give eight different examples of soft information about a small business?


If you had to choose, would you prefer to use hard or soft information in making a lending decision to a small business? Explain

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Ten steps in the veracity and value of the lending cycle Loan Application The borrower submits a loan application to the lender Initial Screening The ... blur-text-image

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