Credit Evaluation School Dec 2022
Internal Use Only
The 6 P’s Are…. 1. Person (People) • Borrower • Co-Borrower • Guarantor • Related Entity 2. Purpose • What, why, and how? 3. Payment
4. Protection
• Collateral
5. Problem
• What went wrong?
6. Prospects
• Potential remedies?
• Primary, Secondary, Tertiary
3
Internal Use Only
Person
1,045 78 Days PD The 19 TH Hole, INC.
Person
• By: Tiger Woods, President • Gty: Tiger Woods Business operates as a local bar/restaurant/indoor golf simulation.
4
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