What information does RLC use to determine the creditworthiness of a potential vendor, partner or client?
RLC will require credit information from all potential lessees and vendor partners, to help us determine the credit risks of a given transaction. While circumstances vary with each transaction, we may take into account the financial condition of the lessee, its owner(s), the associated equipment, and the market/industry in which the equipment is being used. Obviously, most transactions are unique to some extent and we try to evaluate each on its own merits.
Related Questions
- How does a CHS Program determine if a client has established residency? Does the program rely on program policy or tribal policy when it comes to determining residency on a reservation?
- Is there an HPRP process for handling appeals if a potential client is denied service by a grantee/subgrantee and wants to file an appeal?
- Does an agent have a potential liability for not discussing LTCI with a client?
