Mastering Commercial Credit: The Five C's of Lending
Speaker: Mr. Dev Strischek
Speaker Designation: Principal, Devon Risk Advisory Group
Speaker: Mr. Dev Strischek
Speaker Designation: Principal, Devon Risk Advisory Group
The Five C's of Commercial Credit is a framework used by lenders to assess the creditworthiness of businesses. By understanding the Five C's of Commercial Credit, bankers can assess the risk associated with lending to a particular borrower and make informed lending decisions. This helps banks manage their risk exposure and ensure they are lending responsibly.
Moreover, by evaluating each of the Five C's, bankers can provide valuable advice to borrowers on how to improve their creditworthiness. This can help borrowers secure future financing and build a strong financial foundation for their business.
Bankers have relied on the 5 C's of credit - Capacity, Conditions, Collateral, Capital, and Character for many years, but what do these terms mean, and how do lenders use them to determine whether a potential borrower is creditworthy?
This simple credit model is simple to understand and easy to use. The speaker explains how lenders assess each of these factors and provides practical tips for borrowers to improve their creditworthiness. Attend the session to see the big picture for credit analysis and underwriting.
The webinar will provide valuable insights into the lending process and learn how to navigate the credit landscape effectively. The webinar is also an excellent resource for anyone looking to secure financing for their business.
Mastering the Five C's of Lending is crucial for financial institutions seeking to optimize their commercial credit portfolios. By employing a comprehensive evaluation framework that considers the character, capacity, capital, collateral, and conditions of a borrower, lenders can make informed decisions that balance risk and opportunity, ultimately fostering a sustainable and mutually beneficial lending relationship.
A frequent speaker, instructor, advisor, and writer on credit risk and commercial banking topics and issues, Martin J. "Dev" Strischek is the principal of Devon Risk Advisory Group based near Atlanta, Georgia. Dev advises, trains, and develops for financial organizations risk management solutions and recommendations on a range of issues and topics, e.g., credit risk management, credit culture, credit policy, credit and lending training, etc.
Besides stints at other banks in Florida, Kansas City, and Ohio, his experiences outside of banking include CFO of a Honolulu construction company, combat engineer officer in the U.S. Army, and college economics instructor in Hawaii, Missouri, and Florida. A graduate of Ohio State University and the ABA Stonier Graduate School of Banking, he earned his M.B.A. from the University of Hawaii. Mr. Strischek serves as an instructor in RMA’s Florida Commercial Lending School, the American Bankers Association's (ABA), Advanced Commercial Lending School, ABA’s Stonier Graduate School of Banking, and the Southwest Graduate School of Banking.
Mr. Strischek has written over 200 articles about credit risk management, financial analysis, and related subjects for the ABA’s Commercial Insights, the Risk Management Association’s RMA Journal, and other business professional journals. He is the author of Analyzing Construction Contractors and its related RMA workshop.