Introduction to Commercial Credit Analysis
Businessmen need loans for their businessess. There are many instances when the applicant (businessman), unaware of the bank’s needs, does not present all the details required or presents it in a...
View ArticleCommercial Credit Analysis: Sources of Repayment
The main concern that a banker has when facilities are extended is on the repayment of the monies advanced. This is the question that he will invariably zero in on and it would be prudent for the...
View ArticleCommercial Credit Analysis: Debt Covenants
Conditions imposed on facilities extended by banks, also known as covenants (here Debt Covenants) are imposed by bankers upon a borrower to: Preserve the financial strength of the borrower. Maintain...
View ArticleCommercial Credit Analysis: Collateral
Collateral is the security given to the bank as a safeguard for the facility/ facilities advanced. This is effectively the Bank’s insurance that should there be a default, the bank has something to...
View ArticleCredit Management Concepts: Know Your Client
A cardinal rule in banking is the concept of “Know your client”. This means exactly what is says. The banker will do all he can to find out as much as he can about the company and the client. In this...
View ArticleCredit Card- An overview
Credit is a method of selling goods or services without the buyer having cash in hand. A credit card is only an automatic way of offering credit to a consumer. A credit card is basically a plastic card...
View ArticleTypes of Credit Cards
There are many types of credit cards which are used by different types of customers and account holders. Mostly business personnel use credit cards which are convenient in their use and which suit...
View ArticleCase Study of J.P. Morgan Chase : The Credit Card Segment of the Financial...
As result of mergers and acquisitions activities Chase Credit Card Services (CCS) became fifth largest credit card issuer in the industry. Being a child of a highly reputable J.P. Morgan Chase bank the...
View ArticleHow to Save Money with Credit Cards
Credit cards have been vilified by many as being the surest way of getting into irreversible debt. However, this notion and belief is not always true. It is possible to actually save money with credit...
View ArticleSome Facts Regarding Credit Cards
Know the Credit Card Well Before Applying for One Owning credit cards are quite handy. You need not bring cash but still able to buy anything you want since almost all establishments, including those...
View ArticleCase Study of Mastercard: Going Upscale
Check, cash, or credit card? How many times have you heard that question and replied “credit card” without even thinking about it? When you do think about it, however, credit cards are a relatively new...
View ArticleCurrent Situation of Credit Card Business
The previous (current) financial crisis has severe effects on the business of companies in the credit card business. For a long time, the credit card business has been regarded as one of the most...
View ArticleCase Study: MasterCard’s Business Model
What is MasterCard? But what does MasterCard exactly do? It provides credit, debit, and prepaid cards from over 25,000 financial institutions. However, MasterCard is primarily a credit card company and...
View ArticleWhat Is Plastic Money?
A plastic money card is a thin card that contains identification information such as a signature or picture, and authorizes the card holder to charge purchases or services to the card holder’s account....
View ArticleCredit Card Industry in India
The credit card industry in India has registered an encouraging growth in recent times, but the usage pattern of credit cards remains a point of concern, those in the industry say. Seven years back,...
View ArticleDeciding on the Right Credit Card
How much is the joining fee and the annual fee? Generally, a credit card with a higher annual fee enjoys more benefits like higher credit limit, higher accident insurance cover, accessibility to...
View ArticleCredit Management – Managing Trade Credit and Accounts Receivable in Business
“The purpose of any commercial enterprise is the earning of profit, credit in itself is utilized to increase sale, but sales must return a profit.” – Joseph L. Wood The primary objective of management...
View ArticleCredit Policy in Receivable Management
Concept of Credit Policy The discharge of the credit function in a company embraces a number of activities for which the policies have to be clearly laid down. Such a step will ensure consistency in...
View ArticleIntroduction to Commercial Credit Analysis
Businessmen need loans for their businessess. There are many instances when the applicant (businessman), unaware of the bank’s needs, does not present all the details required or presents it in a...
View ArticleCommercial Credit Analysis: Sources of Repayment
The main concern that a banker has when facilities are extended is on the repayment of the monies advanced. This is the question that he will invariably zero in on and it would be prudent for the...
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