Tag: Loans

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Musbahu El Yakub

LOAN APPLICATION AND MANAGEMENT PROCESS FOR THE SMALL BUSINESS OWNER: Part III – RECEIVING YOUR LOAN OFFER

Part III – RECEIVING YOUR LOAN OFFER In reviewing your application, the bank will generally consider several factors. Popular among the factors are the so-called 5 Cs of credit. These are Character, Capacity, Collateral, Capital and Conditions. In addition, most lending institutions have other internal and regulatory considerations to make.

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