"The banker checks that the borrower has not asked for less than it really needs. Otherwise the bank may later have to lend more, purely to safeguard the original advance."
Why bank needs to see whether customer is lending entire amount or not? Customer may have arranged other required finance from other sources.
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Raising Finance from Bank
5y ago#1That would be fine. The bank needs to be convinced that the borrower's plans are viable either through borrowing enough from one source or from many.
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