The 5 C's of Credit

The five C’s of credit describe a borrower’s creditworthiness based on their character, capacity to repay the loan, available capital, economic conditions, and collateral. Banks and other financial institutions use these factors when making lending decisions, so it’s important to understand them before you apply for a loan.

Closing the Entrepreneurial Gap™ Initiative is a joint effort between Bank of America and Exodus to reach populations that traditionally have faced barriers in accessing credit, capital, and other tools and aid them in reaching economic parity.