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PROBLEMS OF OBTAINING BANK LOANS IN NIGERIAN BANKS

CHAPTER ONE INTRODUCTION 1.1      BACKGROUND OF THE STUDY Virtually, every business has a credit relationship with a financial institution, especially banks. Some rely on periodic short term loans to finance temporary working capital needs. Others primarily use long-term loans to finance capital expenditure, new acquisitions or permanent increases in capital. Regardless of the type of loan, all credit request mandate a systematic analysis of the borrower’s ability to repay as at ...

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