Q1: What advice would you give Jones regarding the selection of new credit customers?
CHARACTER
The results of the contact with the Bank that comply with the terms or conditions of the agreement are good or not.
CAPACITY
Will bring its debt should be the net income from business operations, after various expenses, and should be the exact revenue as income rather than forcefully, temporary, such as income from the Commission about this. Loan officers should be required to follow up with that has to repay as scheduled or not.
CAPITAL
There must be sufficient funds in operation.
COLLATERALS
To protect against the risk that the bank may have been the collateral.
CONDITION
Unexpected situation occurs with advance business Constantly study and track the information closely, it will be lending more effectively or resolve the problem promptly.