Posts Tagged: business loans
Lender and borrower: Obligations and functions of each
The two main actors in the credit environment are the lender and the borrower, two figures who make this crucial financial process work for businesses and individuals. Following that, their characteristics, importance, and responsibilities will be…
- Nov 13
What are the 5 C’s of credit?
The term “5 C’s of credit” describes a group of characteristics that enable financial organizations to verify a borrower’s solvency, lowering the likelihood of delinquency and unpaid loans. In this opportunity, you will learn more…
- Sep 11
Step by step: The credit granting process
Credit granting is the process by which a client receives a loan and a certain amount of money is credited to his bank account. To successfully carry out this process, financial institutions must maintain data and…
- Sep 08
Credit Score and Credit History: Are They the Same?
Credit score and history are key concepts that appear when people or businesses seek financing and are evaluated by the financial institution, so it is critical that both concepts are thoroughly understood. That is why,…
- Sep 04
What are the benefits of financial data in business?
Analyzing financial data is critical for businesses to detect specific details in their structure in economic terms and avoid scenarios of complexity in managing their finances. Understanding this data is also important for credit institutions…
- Aug 07
The relationship between working capital and credit risk
Credit risk is the likelihood that consumers who obtain credit or financial products may be unable to fulfill their payment obligations on the predetermined dates. It may have an impact on liquidity, new investment opportunities,…
- Jul 10
How to obtain the financial information of your borrowers?
In order for a loan to be granted to a company that requires one, the granting firm must first obtain its financial information, as this allows the risks to be evaluated and the terms under…
- Jun 08
6 benefits of Open Finance in Financial Institutions
Open Finance is a concept that has recently gained popularity in the field of economics, but do you know what it means and why it appears to be a popular term in that environment? What…
- May 08
The Importance of the Metrics Dictionary in the Credit Risk Analysis
A solid API for credit risk analysis would normally collect a lot of data, which will need to be analyzed. To do this correctly, you must first understand the significance of the data in order to prevent…
- May 01
4 tips for a more efficient credit granting process
In order to reduce credit risk, financial institutions usually conduct a thorough review of the credit-granting process. It’s easy to see why this is important when you consider that the Adjusted Delinquency Ratio in Mexico,…
- Apr 10