Credit Criteria

Some credit criteria for approval (as evaluated by PIDA) may include: At least breakeven performance in the prior year Acceptable personal credit history of the guarantors Historical cash flow adequate to pay obligations 1:1 debt service coverage ratio

Some credit criteria for approval (as evaluated by PIDA) may include:

  • At least breakeven performance in the prior year
  • Acceptable personal credit history of the guarantors
  • Historical cash flow adequate to pay obligations
  • 1:1 debt service coverage ratio