Character Counts! Mistakes to Avoid Breaking Your Lender’s Trust
As we’ve previously discussed, commercial lending is a subjective business, and every lender has their own opinion on borrower strength. However, we can all agree that it takes a combination of the 5 C’s of Lending: Credit, Collateral, Capacity, Conditions and perhaps least talked about – Character. With everything going on with a loan application, borrowers… Continue reading Character Counts! Mistakes to Avoid Breaking Your Lender’s Trust