The 5 Cs of Credit | Lee College SBDC

The 5Cs of credit are used by lenders universally to determine the creditworthiness of potential borrowers. If you are interested in borrowing money for your small business, this session will help you prepare for a meeting with a lender and the process for submitting a loan application. Register now!

Highlights:

• Capacity - debt to income ratio
• Capital - amount of money the applicant has
• Collateral - assets that can act as security for a loan
• Conditions - purpose of the loan, amount involved and interest rate
• Character - borrower’s reputation and credit history

This session is intended for new and existing business owners wanting to learn more about business lending.

Lunch provided.

Presenter:

Jennifer Willett, Business Lending and Service Manager, Rave Financial

Sponsored by Rave Financial:

It is imperative to add sbdctraining@uh.edu to your approved senders' list to be able to receive event confirmations for SBDC events.

Please Note:

Each person attending an event must have their own account. Multiple people may not register under one account.

The SBDC reserves the right to cancel a class for insufficient enrollment, weather emergencies, and other unforeseen circumstances. Should a cancellation occur, we will use the email you provided to contact you.

Preregistration is highly recommended. If an event is canceled or postponed and you have not preregistered, we will not be able to contact you.

If you choose to register at the door, you will need your mobile device to complete your registration otherwise you will not be allowed to attend.

Satisfactory meeting room temperatures are difficult to maintain. Always bring a sweater or jacket to ensure comfort.

No children under the age of 16 are allowed in the workshop.

Only service animals allowed - If you need to bring a service animal with you to a workshop please contact us ahead of time.

Reasonable accommodations for persons with disabilities will be made if requested at least two weeks in advance. Contact the Lee College SBDC at (281) 425-6556 for accommodations, or if you have questions about this class.