5 Ways Financial Statements Tell Lenders An Incorrect Story
Keep tab on the purchases made during end of the year
The purchases made at the sale season, typically, a clearance sale can be a hint of the company's inability to generate revenue or manage cash flows. It questions the credibility of the borrower and the collateral worth. If there is a huge pending of payments yet to receive, it is wise to look back and have a second thought before lending the money to such business entities.
