When assessing the creditworthiness of new entrepreneurs,lending institutions review the "Five C's".The focus on the intended purpose of the loan is known as:

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The focus on the intended purpose of the loan is known as "conditions" among the Five C's of creditworthiness (capacity, capital, collateral, conditions, and character). The lending institution wants to ensure that the funds borrowed will be used for a specific purpose with favorable conditions of repayment.

When Assessing the Creditworthiness of New Entrepreneurs,lending Institutions Review the "Five