Shared Flashcard Set

Details

Five C's of Credit
N/A
6
Finance
Undergraduate 4
05/01/2015

Additional Finance Flashcards

 


 

Cards

Term
5 C's of Credit
Definition

- Character

- Collateral

- Capacity

- Capital

- Conditions

Term
Character
Definition

- Integrety

- Trustworthy

Term
Capacity
Definition
- have sufficient cash flow to meet obligation of the loans
Term
Capital
Definition

- Net Worth

-Owner's investment in the business

Term
Collateral
Definition
- Assets used to secure the loan
Term
Conditions
Definition

- of the borrower and economy

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