Criteria

Our credit programs are flexible and allow us to approve a wide range of customers. We will consider all credit situations. However, the items below can create approval problems.

Bankruptcies
Especially those established within the past five years and without significant re-establishment of credit history.

Unsatisfied Credit Issues
With satisfactory explanations, we will analyze open judgments, collections and charge-offs.

Low Average Bank Balances
Average low bank balances are those below $1,000.00 and inhibit credit approval regardless of time in business.

New Businesses
We work with new businesses where the owners have above average credit.

Recent Negative Credit History
A potential customer who has had many late payments, collections and/or judgments would be a risk to any financial institution. We will investigate most credit issues in an attempt to overcome the customer’s negative history. We make it a policy to overlook late payments and collections when there are only a few, and they are not within the last two years.

“We look for reasons to approve customers. This is the only way we all benefit.”