1. Is Sue behaving in a professional manner by omitting some of the financial statements?
Sue is behaving unprofessionally. The bank requires the information to help them make a decision that will hopefully profit both them and Sue, by not submitting the information up from it will probably hurt her chances of getting the loan.
A.) What types of information about their businesses would owners be willing to provide bankers? What types of information would owners not be willing to provide.
In excess to the required documents, an owner might want to include any information that will help their business look good to the bank. This might include any contracts with large customers, sales reports or anything else that shows the value of your business
Sue is behaving unprofessionally. The bank requires the information to help them make a decision that will hopefully profit both them and Sue, by not submitting the information up from it will probably hurt her chances of getting the loan.
A.) What types of information about their businesses would owners be willing to provide bankers? What types of information would owners not be willing to provide.
In excess to the required documents, an owner might want to include any information that will help their business look good to the bank. This might include any contracts with large customers, sales reports or anything else that shows the value of your business