Need Capital? Know the 5 C’s of Credit
It’s important for small business owners looking for capital to understand the five C’s of credit and how this system is used by lenders to determine the creditworthiness of potential borrowers. This session will breakdown the five C’s of credit: character, capacity, capital, collateral and conditions and share why banks use this system to make loan decisions.
About the Speaker
Rudy F Camarena is a Branch Manager at the Cedar Park office for Woodforest National Bank. Over the last 10 years with Woodforest, he has help develop sales strategies for various locations and is currently serving at the Williamson County Crisis Center- Hope Alliance on their financial committee as well as providing financial education at different shelters around the Austin area.