Sentences with phrase «loan worthiness»
The phrase "loan worthiness" refers to the evaluation of whether a person or business is considered suitable or deserving to receive a loan from a lender. It involves assessing the borrower's financial situation, credit history, and ability to repay the loan before granting it. Full definition
Unsecured business lending focuses on your current business performance to determine loan worthiness rather than on collateral or assets.
snapcap.com
Merchant business lending is not centered on collateral or personal assets, and instead focuses on other factors of your business to determine loan worthiness.
Banks can list your company's debt alongside your personal debt — lowering your credit score and loan worthiness.
Here's where a strong social network can strengthen your loan worthiness.
And plenty of people are going to be looking at those credit scores, especially when considering your loan worthiness.
Before title loans rose to popularity in Missouri, a borrower had to prove their «loan worthiness» by having a pristine financial background and a near - perfect credit score.
Many loan officers want to see two or more years of steady job history when considering your «loan worthiness.»