Compare a new venture to an existing company and explain why
existing companies can obtain bank...
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Finance
Compare a new venture to an existing company and explain whyexisting companies can obtain bank funding and new ventures cannot.In replies to peers, review the criteria needed for financing anddiscuss how those needs differ based upon the businessselected.
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Existing companies pose relatively less risk for bank lenders as compared to new ventures This is because existing companies have operations and cash flows which can be verified They may also have sufficient assets to put up as collateral for the bank loan New ventures
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