Natalie's is a 3-Star loan. C's is a 1-Star loan.Loan Risk RatingOur Risk Rating is designed to inform lenders of the quality of loan. In assigning a risk rating, CML loan committee members strongly consider the following factors:whether the loan applicant’s earnings projections are realistic;the ability of the applicant to meet their projections;whether the applicant’s debt (if any exists) is serviceable given the income projections;whether the applicant’s socio-economic status will be significantly improved.4 – StarA 4-Star risk rating is assigned to loans that CML believes to be of a minimal risk to thelender. 4-Star loans are those in which CML staff and loan committee members see none of the considered factors noted above as being problematic. That is, all of the above factors appear to be realistic and the business has strong potential.3 – StarA 3-Star risk rating is assigned to loans that CML believes to be of a low risk to thelender. 3-Star loans are those in which CML staff and loan committee members seeseveral areas of strength, but consider at least one of the factors to be problematic.2 – StarA 2-Star risk rating is assigned to loans that CML believes to be of a moderate risk tothe lender. 2-Star loans are those in which CML staff and loan committee members seesignificant potential, but acknowledge that at least two of the considered factors areproblematic, or one of the considered factors is particularly problematic.1 – StarA 1-Star risk rating is assigned to loans that CML believes to be of a high risk to thelender. 1-Star loans are those in which CML staff and loan committee members seepotential, but acknowledge that at least three of the considered factors are problematic, or that at least one of the considered factors is particularly problematic.To lend email lisa_communitymicrolending.ca
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