Credit Appraisal of Term Loans by Financial Institutions

The primary objective of credit appraisal is to ensure that the money is given in right hands and the capital and interest income of the bank is relatively secured. It denotes evaluating the proposal of the loan to find out repayment capacity of the borrower. The process involves an appraisal of market, management, technical, and financial. […]

What Credit Officers Look For Before Appraising A Loan

Lenders assess a person’s credit risk based on a number of factors, including your credit and/or payment history, income and overall financial situation. Here is some additional information to help explain these factors, also known as the “5 C’s”, to help you better understand what lenders look for when appraising such a loan:   Character: […]