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Forecasts and Budgets: How Reliable are Borrowers' Estimates?

Posted by bgoricki on Oct 25, 2016 3:11:26 PM

Borrowers often provide bankers with forecasts and budgets. It’s especially common when they’re asking for additional money to start or expand business operations — or when they’ve been experiencing financial distress. But how much can you trust estimates that are prepared in-house?

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Topics: Commercial Lenders, Commercial Lending, forecasts, Uncategorized

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