Posted on Saturday, 18th April 2009 by admin
Article Summary:
Article Content:
Banks look carefully at borrowers, if you are a business owner with poor personal credit, you may be thinking that corporate credit is simply unavailable to you.
This is not true! In fact, the process of establishing good business credit may even help you improve your personal credit because you will have a better understanding of how credit lending works.
In the credit world, there is what’s known as the “Four C’s” of Credit—four things banks look at to determine your creditworthiness. These “Four C’s” apply to individuals and to businesses, and they are:
Character
Character is that when a bank judges your business’s character, it is looking at your size include;
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Tags: 4 cs of credit, bank, bank loan, Banks, business owner, capacity, capital, cash and assets business owner, character, Collateral, crdit, four cs of credit, loans, machinery
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