The PARTS Bank Lending Framework
In this second part of the series, Paul provides an overview of the three Cs for assessing the creditworthiness of a potential borrower. He also explains the PARTS framework.
Overview
The three Cs and PARTS framework are useful tools for assessing the creditworthiness of a potential borrower. These frameworks can be used to assess both individuals and firms alike.
Key learning objectives:
Outline the 3Cs used to assess the creditworthiness of a potential borrower
Explain the PARTS acronym and describe how it is used to assess creditworthiness
Explain how banks determine the capital behind a borrower
Summary
Expert
Paul Taylor
Paul has spent 35 years working in banking, almost exclusively in client facing roles. During that time, he has covered all customer segments from retail to global corporate, and has spent more than half of his career working on the Global Banks coverage team at Lloyds Bank. Paul recently worked in an advisory capacity for a small Fintech bank in the City.
