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What does a lender look for in a business before approving a line of credit or a loan? In this episode, the Beauty Boss Millionaire explains the 6 C's of credit worthiness and what she had to do to secure her first major investor.
The 6 ‘C’s- conditi...
What does a lender look for in a business before approving a line of credit or a loan? In this episode, the Beauty Boss Millionaire explains the 6 C's of credit worthiness and what she had to do to secure her first major investor.
The 6 ‘C’s- conditions, character, capacity, capital, collateral and credit score- are widely regarded as the most effective strategy currently available for assisting lenders in determining which financing opportunity offers the most potential benefits. The 6 ‘C’s are designed to assist lenders in determining which financing opportunity offers the most potential benefit to company owners.
