Even though it is an intangible factor,the entrepreneur's "character"-and the quality of the presentation-are important factors in evaluating a loan proposal.

Question

Quizplus · Accepted Answer

The statement is true. The character of the entrepreneur and the quality of their presentation can have an impact on the evaluation of a loan proposal, even though they are intangible factors. Lenders may take into consideration factors such as the entrepreneur's experience, integrity, and credibility, as well as their ability to effectively communicate their business plan and financial projections.

Even Though It Is an Intangible Factor,the Entrepreneur's "Character"-And the Quality