Credit Analysis
US$60.00
- Examining credit applications and credit reports to gather financial data
- Evaluating clients’ credit data and financial statements to determine the degree of risk involved in lending money or extending credit
- Formulating reports about the degree of risk in lending money to clients and preparing reports with this credit information for use in decision-making
- Comparing liquidity, profitability, and credit histories of establishments being evaluated with those of similar establishments in the same industries and geographic locations
- Conducting industry and economic research, and analyses trends to foresee the credit risk
- Assessing the financial strength of loan applicants and calculating their ability to repay the potential loans
- Presenting credit recommendations to management
- Continually monitoring existing loans and credit lines to ensure compliance with terms
- Maintaining up-to-date knowledge on all lending regulations, and ensuring all loans are in compliance with these regulations and laws