Business credit essentials

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Across
  1. 2. A fallback assurance in case of borrower’s failure to pay.
  2. 4. A third-party commitment to pay in case of borrower default.
  3. 6. A credit evaluation model used alongside the 5Cs.
  4. 7. One of the 5Cs, showing financial commitment by the borrower.
  5. 10. Assets pledged by borrowers as security for a loan.
Down
  1. 1. Legal paperwork required for securing a loan.
  2. 3. One of the 5Cs, assessing integrity and trustworthiness.
  3. 5. The duration of the loan, linked to the risk of default.
  4. 8. Contract defining terms and conditions of a loan.
  5. 9. A principle ensuring lenders have equal claim on borrower assets.