• Creditors Generally are Aware of Key Industry and Business Risks as Part of the Underwriting Process
• Creditors Also Have Ongoing Credit Risk Management Practices that Include Close Monitoring, and Will Understand the Risks Facing Their Customers and Most Businesses in the Industries They Lend Money in
• They Know How Well Business Owners Can and Should Manage Those Risks
• IMPORTANCE TO YOU - Pay attention to keep passing upstream your business and industry risks. You should literally present, in writing, your business risks, and industry risks. Finally, give the creditor the 'answers to the test' before he prepares the credit approval memo