Financing your ApexNetwork Physical Therapy Clinic


Many lenders evaluate the potential of small business owners using a framework called the five C’s of credit. It is important to have a good understanding of what lenders are looking for in order to have to best chances of getting approved for business financing. The 5 C’s are:

·      Character: How responsible you are with repaying your debt

·      Capacity (Cash flow): Ability to pay what you borrow

·      Capital: The assets you have, if you have savings where you can make payments from

·      Collateral: If you apply for secured credit and the collateral is an item not cash the lender will be concerned what the condition of the collateral is.

·      Condition: Situations that affect your ability to make payment. Situations beyond your control. For example, the pandemic and it’s effects on the economy.

These five components make up a credit analysis to help the lender determine credit worthiness. By knowing each of the “5 C’s,” you will have a better understanding of what is needed and how to prepare for the loan application process.

To learn more, please join us and Marisol Cruz on February 25, 2021 for a FREE WEBINAR to learn more about financing your new ApexNetwork Physical Therapy clinic.

To Register, CLICK HERE.