Final answer:
In a streamlined guaranteed CL, applicants are not required to demonstrate repayment ability, which is a departure from traditional lending practices that often include credit checks and additional safeguards like cosigners or collateral.
Step-by-step explanation:
Applicants for a streamlined guaranteed CL do not have to demonstrate repayment ability. In the financial capital market, banks usually require prospective borrowers to provide detailed information about income sources and to undergo a credit check. Techniques such as requiring a cosigner or collateral are also used to manage the risk associated with loans. However, for a streamlined guaranteed CL, the process is simpler, and the emphasis is on expediting the lending process, which may involve fewer checks on repayment ability.