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.
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