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Account Management
LENDING
Five C’s of Lending
Bankers use a concept they refer to as “Five C’s of Lending” in determining whether they will lend to an applicant. These are:
Character
What is the personal element of the applicant?
Capacity
Have they got the ability to repay their loan?
Collateral
What security is offered?
Conditions
What is the market place doing in that particular industry or location?
Capital
What is the present position of the applicant’s assets and liabilities?
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