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(2) Quality and credit condition of the SMEs.
If the credit condition merely deteriorates, it can have a devastating effect on the value of the bonds.
Thus, in this paper, a credit risk assessment model is to be established with newly added assessment index about leading enterprises' credit condition and cooperative relationships in supply chain, applied more effective algorithm, in order to find a better way for banks to assess the credit risk.
However, you need to have a valid reason such as sudden unemployment or bad credit condition to convince the lender that you really need a loan term extension.
Similar(51)
Credit conditions are tightening.
The recovery came when credit conditions recovered.
Financial markets remain quite strained and credit conditions tight.
Now they are falling, credit conditions are tightening.
The worry is more that credit conditions may get tighter.
Tighter international credit conditions led to panic in 1837.
Southern Europe's deteriorating credit conditions also hurt banks' profitability.
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