February 18, 2021
Understanding the Five C’s of Credit
Purdue University agricultural economist Brady Brewer is joined by Purdue agricultural economist Michael Langemeier to discuss credit underwriting and the criteria financial institutions use to determine eligibility of an applicant in this episode of the Purdue Commercial AgCast. Character, capital, capacity, collateral, and conditions are the five Cs of credit used in credit underwriting. These metrics are used for credit ratings to quantify and decide eligibility, interest rates and credit limits of borrowers. This episode focuses on what credit analyst means for farmers, how each of the 5 Cs are measured, and how farms can use this information for their gain and to manage risk.
Webinar each month following USDA’s release of the updated World Agricultural Supply and Demand Estimates (WASDE). Join us Wednesday, October 13 for our next monthly update on the corn and soybean outlook following release of USDA’s October Crop Production and World Agricultural Supply and Demand Estimates (WASDE) reports. Registration is free.Read More