Posts Tagged: Credit
Which parts of the credit report are the most important?
Many businesses concentrate primarily on their existing solvency when making a request for funding. Yet, the credit report displays a wide range of signs that you must consider when evaluating the granting of credit, such…
- Mar 04
The 6 most common mistakes when applying for credit
The granting of credit is something that SMEs pursue in order to maintain their activities. Currently, getting a loan can be a decisive factor for an SME to avoid bankruptcy and to emerge. For this…
- Feb 02
How to assess borrowing capacity?
To keep their finances in order and maintain a healthy cash flow, all SMBs should pay special attention to their capacity for debt. Similarly, in order for financial institutions to understand the risk that their clients…
- Dec 06
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
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
Everything you need to know about a SME loan
An SME loan is a critical component for emerging businesses looking to boost efficiency, improve processes, expand services and product offerings, or expand into new markets. That is why it is critical to grasp the…
- Jun 07
What is Credit Risk?
Credit risk is a key indicator for businesses and financial institutions because it is frequently utilized in credit evaluations and decisions. Past due loans are one of the leading causes of SMEs closing in Mexico; it…
- Apr 10
Credit report: Its importance to evaluate borrowers
A credit report is used to learn about a company’s previous financial conduct and even to predict future behavior. In this way, having this information is critical for any financial entity wishing to reduce credit…
- Apr 07