Sanat Patel, Chief Lending Officer of Avana Companies, reveals how lenders mitigate risk when evaluating a borrower's character and capabilities. Sanat explains why it’s crucial to understand not only a borrower’s successes but also their failures. By thoroughly assessing a borrower’s character, commitment, and adaptability, lenders can make more informed decisions about their ability to meet financial obligations. Discover how these deeper evaluations help reduce risk in commercial real estate lending.
How Lenders Mitigate Risk: Assessing Borrower Character & Capabilities with Sanat Patel
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