Posted on October 20, 2010.
Charisse Harrigton says...
A lender will look at how and when the loan will be repaid and assess how sure they are about repayment.They have only so much money to lend and will seek to lend at the best interest rate with the best chances of repayment.If the loan is secured then they will look at the collateral and how likely they are to get their money back from resale.The industry is an issue, if a person wants money for a restaurant that is usually a riskier business than others for example.The borrowers history is also an issue, how successful they have been, how does the business do, does it make money? etc.
Posted on October 27, 2010
What are Some Of The Basic Reason In The underwriters commercial arena turn down commercial projects?