Posts Tagged: lending

The Five Cs of Credit: Deciding when to loan money

A blue tractor pulling a red disc at the edge of a field

  Every day, we make decisions about what loans to make. The expectation is that every loan will be paid back, in full, and on time – careful consideration of each opportunity helps ensure that’s what happens. So what do lenders consider? It all boils down to the “Five Cs of Credit,” which include character,… Read more »

Personal credit impacts business financing

A person using a mobile pay credit card application

  There’s no question that agriculture is a capital-intensive undertaking, so the ability to obtain credit is essential. Unfortunately, this can sometimes be a challenge, in part because an individual’s personal credit score can impact a lender’s review of a loan request. Three different credit scenarios can cause stumbling blocks, though it’s important to understand… Read more »