Hi am UTOMI i would like to get details on literature review on credit appraisal in banks pdf ..My friend EZRA said literature review on credit appraisal in banks pdf will be available here and now i am living at Benin City in Nigeria and i last studied in the college/school since 1998 and now am doing my PGD Project i need help on material to complete the project topic: CREDIT APPRAISAL PROCESS IN THE SME SECTOR OF ECOBANK NIGERIA LTD
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Credit assessment of a term loan denotes the assessment of the loan proposal to ascertain the repayment capacity of the borrower. The main objective is to ensure the security of the bank's money and its customers. The process involves a market, management, technical and financial assessment.
Getting long-term loans from a financial institution is not so easy. The company applying for the term loan has to undergo several tests. The bank follows an extensive credit assessment process before sanctioning any loan. Analyze the loan proposal from all angles. The main purpose of the credit assessment is to ensure that the money is given in the hands of the right and the capital and the interest income of the bank is relatively insured.
While evaluating term loans, a financial institution would focus on assessing the company's solvency and the expected future flow of cash with the amount of risk attached to them. The creditworthiness is evaluated with parameters such as the willingness of the promoters to pay the money back and the repayment capacity of the borrower.
Credit assessment of term loans of financial institutions such as banks. Four major areas of assessment by banks are a market, management, technical and management.
