Also Known As:
Credit analysis software or credit matrix system.
Alternate Spellings:
none
Common Misspellings:
none
Related Resources:
Definition:
A financial risk assessment proprietary software used by banks to determine the creditworthiness of small businesses and their owners. The program takes into account multiple factors that determine the likelihood of a business to repay a loan or credit usually of the amount $100,000 or less.
Related Terms
• Credit
• Loan
• Lender
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Traditional and new rules of small business credit lending. Understand the five C's of credit and the new lending rules before you apply for credit or a loan.
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Automated Credit Scoring System
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