In the Credit Evaluation,the 5 Cs that should be considered are:
- Capital: Ability to pay
- Character: Willingness to pay
- Capacity:Ability to turn business into profit
- Condition: Business and trading environment
- Collateral:Guarantee available
| Evaluation Criteria | Measurement |
| Capital |
|
| Character |
|
| Capacity |
|
| Condition |
|
| Collateral |
|
- A Simple Credit Vetting Or Evaluation Checklist
- Sample Of A Bank Guarantee Agreement Used in Credit Control/ Management
- Non-Financial and Qualitative Factors in Credit Decision
- Use The Corporate Guarantee Form When Granting Credit Facility To Your Customer Who Belongs To A Group of Companies
- How To Be Proactive To Offer Alternatives For Marginal Customers Or Those Who Want To Increase The Credit Limit/Terms
- ALL TOPICS COVERED UNDER THE HEADING-CREDIT MANAGEMENT/CREDIT CONTROL
- What Factors To Consider When You Increase The Credit Limit Of A Customer
FCCA,CA(MIA)with more than 26 years of post-qualifying working experiences. Previous working stints with one of the big accounting four,Regional GFC & Group Treasurer in a group of Malaysian and Group CFO in Singapore public listed concern.Also author to another very popular free educational accounting cum finance blog:http://basiccollegeaccounting.com under the branding of College Accounting Coach.
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