首页
登录
职称英语
What credit risk assessment is involved in sole proprietorship and partnership c
What credit risk assessment is involved in sole proprietorship and partnership c
游客
2025-06-21
25
管理
问题
What credit risk assessment is involved in sole proprietorship and partnership company loan?
选项
答案
A sole proprietorship is a business owned by an individual who will be responsible for business debts up to the full extent of his personal assets.
The following points should be considered in assessing and minimizing the risk when evaluating a loan request from a sole proprietor:
a. Checking the business registration certificate to establish that the borrower is the sole owner of the business.
b. Since the borrower may have substantial personal assets outside the business, so ascertain his personal net worth.
c. Find out how the borrower’s net worth has been accumulated, i.e. what has been built up from his own efforts, from inheritance, or speculative gains.
d. Check out if the borrower is experienced in the particular business which he is running and for which he is requesting a loan.
e. Check out if the borrower has a good track record in running a successful and profitable business.
2. A partnership is a business in which two or more persons join together for the purpose of carrying on a business with a view to making profit.
To assess the partnership as a credit risk, the banker ought to follow these steps:
a. Establish the names of ail partners by cheeks on the company’s registered office or the partnership deed.
b. Evaluate the partnership’s repayment ability by analyzing information obtained from its statements of account.
c. Ascertain the reputation of the partnership; where partnerships are professional firms such as solicitors, accountants etc., information can easily be obtained from the customer’s professional associations.
d. Find out the personal net worth of individual partners as the bank may have to call on their private resources in case the partnership being unable to meet its financial obligations.
e. Analyze the background of each partner to see if he/she has a good track record in running a successful business.
解析
转载请注明原文地址:http://tihaiku.com/zcyy/4128425.html
相关试题推荐
BusyCompanyisaretailer.Mostofitssalesaremadeoncreditterms.Thefoll
Ifatradedebtorof$20,000hasbeenwronglypostedtothecreditofthetrade
InAugust996,2trialcreditcardsnamedas"VisaCash"and"Mondex"wereintro
Anirrevocablecreditmaybecancelledatanytimeuptothemomenttheadvising
Creditinstrumentsareissuesbywhichinvestorssupplypermanentfinancingtof
Onwhatwillthecreditlimitofferedbythebanksdepend?Ontheincome,thepr
Accordingtotheconversation,whatisthemaincharacteristicofacreditcard?
WhydoesJoanSmithcometothebank?[originaltext]ACreditCardA:
accept,discount,against,dishonoured,attached,hypothecation,credit,d
accept,discount,against,dishonoured,attached,hypothecation,credit,d
随机试题
Debbieisadivorceewholiveswithherchildren.Sheworksinadoctor’so
Entertheinformationage.Informationistherawmaterialformanyoftheb
[originaltext]W:You’vereadanarticleabouthumanbones.Arethereanycommen
Manystudentsfindtheexperienceofattendinguniversitylecturestobeac
A.麻疹、风疹 B.霍乱、O157 C.流感、SARS D.流行性出血热、
A.5次 B.4次 C.3次 D.2次 E.1次婴儿期(1岁以内)每年体
证券产品买进时机选择的策略包括()。 Ⅰ.股价跌落谷底,而不容易回升时买
某工程网络计划中工作B的持续时间为5天,其两项紧前工作的最早完成时间分别为第6天
寓言的三大发源地分别是( )。A、德国、印度、中国 B、古希腊、印度、英国
(2013年真题)假设消费者收入增加25%,会导致某种商品的需求量增加10%,则
最新回复
(
0
)