Asked by Victoria Matthews Medina on Jun 29, 2024
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List and explain the five C's of credit.
Five C's of Credit
are criteria that lenders use to evaluate the creditworthiness of a borrower: character, capacity, capital, collateral, and conditions.
- Acknowledge the determinants that are crucial for acquiring financial support for a new enterprise.
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KM
Learning Objectives
- Acknowledge the determinants that are crucial for acquiring financial support for a new enterprise.