Lowell Getz. The size of the loan versus the receivables pledged is also negotiable, depending on how comfortable the banker is with the quality of the receivables. ... The letter should include suggested terms for the loan and a suggested interest rate based on the prime rate, or prime plus 1% ... This means a bank expects a firm to maintain a certain level of balance in its operating account Following theanbsp;...
|Title||:||An Architect's Guide to Financial Management|
|Publisher||:||Aia Press - 1997|