Art, asked by mishraanjali372, 8 months ago

is it Bank to evaluate the financial performance of the company and suggest whether company suitable for getting loan or not

Answers

Answered by sireeshapaleti85

Answer:According to the “The five Cs of lending” banks look at the following factors before approving loan: Capacity: Financial resources available to repay a loan. Character: Professional ability, history and credibility. Collateral: Assets that can be used to secure loans.

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