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whom should you see at the bank if you need to borrow money? worksheet answer key
a loan officer
The Loan Arranger
In some cases, you may need to have money in a bank account to borrow student loans. However, it will be different for each person.
Financing rate is going to depend on several factors: Your credit rating, how much you need to borrow, and how long you are going to need to repay the loan. All those factors will change the finance rate.
Most any financial institution will have information about financing for small business equipment and needs. Wells Fargo, US Bank and Bank of America would have information as well as funds to help with this type of financing need.
A loan officer or the branch manager.
The function of a bank is deficit financing and deposit mobilization. They collect deposits from customers and grant loans to people and businesses that need financing. They collect an interest from the loan customers and in turn grant interest to the deposit holders.
The loan arranger.
those in need should start a business and borrow a loan from the bank if they need to.
It's going to depend upon your credit rating, how much you need to borrow, and how long you are going to need to pay it all back. Too many variables to give a simply answer.
There is no need to borrow when multiplying. You need to carry numbers when multiplying but not borrow.