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Please advise the following people what is the best source of financing. Also, explain the strengths and weaknesses of the borrower's ability to get loan
Please advise the following people what is the best source of financing. Also, explain the strengths and weaknesses of the borrower's ability to get loan based on 5 C's of credit: Mary has been in the construction business for 3 years. The business has averaged $120,000 in profits each year. She is seeking $250,000 to purchase new equipment. Her credit score is 650. She also has a house valued at $350,000 with outstanding mortgage of $200,000. Mary over 20 years of experience in the business. Mark is seeking $10,000 to start his graphic design business. His credit score is 630 and he has no personal assets
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