Financial Instruments
Suppose you are going to start your own small business and need a loan of $50,000. Assume that you do not have any assets to pledge as collateral, but you have orders in hand.
Select a financial institution and find out what it takes to qualify for a loan. Try to understand the rationale for the institution- rules, policies, and guidelines about loan approval.
Assess your chances of getting a loan for your proposed business.
Present your findings as a 4-page report in a Word document formatted in APA style.