Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. finance
  3. name and briefly explain the principal categories

Name and briefly explain the principal categories of criteria on which bankers base their decisions when...

60.1K

Verified Solution

Question

Finance

Name and briefly explain the principal categories of criteria onwhich bankers base their decisions when assessing a creditapplication?

Answer & Explanation Solved by verified expert
4.3 Ratings (671 Votes)
FiVE Cs criteria on which bankers base decisions to be considered on credit application are the following Capacity Capacity indicates the strength of the borrower to maintain the loan from the earnings produced by his expenses This is possibly the most significant of the five determinants The banker will determine accurately how the repayment is assumed to take a position cash flow from the company timely repayment the chance of strong repayment of the loan payment records and such determinants are analysed to appear at the feasible capacity of the firm to return the loan Capital Bankers also examine a borrowers assets    See Answer
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
Become a Member

Transcribed Image Text

Name and briefly explain the principal categories of criteria onwhich bankers base their decisions when assessing a creditapplication?

Other questions asked by students

Q

Explain clonal selection and how it works to protect you against many different infectious agents.

Biology
Q

1. Let ??(F), ??(F) and ??(F) denote the spaces of strictly upper triangular, diagonal, and strictly lower...

Advance Math
Q

2 Graph the polar curve r 4sin 20 Apply the tests for symmetry

Geometry
Q

Points 0 of 1 GALLE Tamyra has invested 15 900 in the stock market Some...

Basic Math
Q

1 37 Fur seals on St Paul Island Every year hundreds of thou sands of...

Statistics
Q

Find f x if we know that Type your complete solution in the space provided...

Calculus
Q

Find the missing variable for each inverse variatio k 8 x 10

Algebra
Q

image

Accounting
Q

On January 1, 2017, Mario Corp. acquired 8%, $100,000 (face value) bonds of Luigi Ltd.,...

Accounting
Q

Detwiler Orchard issues a $640,877, 8%, 15-year mortgage note to obtain needed financing for a...

Accounting
Q

What is unearned revenue? Is it an asset, liability, equity, income or expense account? Provide...

Accounting
Q

Wesley Power Tools manufactures a wide variety of tools and accessories. One of its more...

Accounting