Equipment Financing and The Five Cs of Credit Evaluation
Equipment financing lenders, as well as banks, use the Five Cs to
evaluate loan applications: Character, Credit, Cash Flow,
Capacity and Collateral. However, while banks look at
small-to-medium size companies from a Fortune 500 perspective,
equipment financing companies see applicants from a small
business perspective, which highlights a sixth C: Common Sense.
Written by: Sean Marten
Distributed: 2007-10-17
- Word Count: 698 - Viewed: 560 - Votes: 0 http://thePhantomWriters.com/free_content/db/m/equipment-financing.shtml