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The significance of security for loans
Applying for a loan means that there are some risks involved. For lending institutions, mitigating these potential risks is vital. The most common risk is the potential default, which is why security for
4 myths about not starting a business because of funding
Myth no.1: You need a great office location. This would mean that you need a business that’s a Brick and mortar business. This requires a lot of startup capital. You have to sign
What is the process for credit analysis?
Credit analysis is the process of evaluating an applicant’s loan request or a corporation’s debt issue in order to determine the likelihood that the borrower will live up to their financial obligations. In
The 5 C’s of credit
When a creditor lends out its money it has to evaluate the creditworthiness of potential borrowers. Creditors would be well advised to utilise a set of guidelines such as the 5 C’s of
Small business grants for entrepreneurship
Jaheel is a young entrepreneur and is keen to take advantage of all the ways in which his business can be funded. As an entrepreneur, it’s vital to find the right kind of funding. It’s
4 reasons why the right funding for entrepreneurship is important
Funding for entrepreneurship is important, mainly because it can make starting the organisation much easier. Prior to applying for funding, it’s essential to become fundable. Becoming funding-ready is a process. It’s also vital to detail
Factors that affect creditworthiness
When an individual or business entity applies for credit, the lender has to do its due diligence by ensuring that they measure the risk of potential default by checking the credit status of
