SBA 504 Expert Explains One of the Five Cs of Small Business Real Estate Financing: Character
By : The504Experts
Published On: 2013-09-30
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03:17
Earlier this month, Chris spoke at the Annual Conference of the America’s Small Business Development Center network (ASBDC). He was part of a panel of industry experts tasked with addressing the latest opportunities and challenges facing small business owners. His friend, Bob Coleman, moderated the panel, and afterward they talked a bit about one of the Five Cs of Credit: Character.
The Five Cs is sort of a general topic in banking and lending, but things have changed a great deal since the Great Recession and the credit crisis that has plagued many small business owners. Watch the video below to hear the specifics of what Mercantile Capital Corporation looks for in a borrower when it comes to character.
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