Pamac Finserve Credit Reviewer Interview Questions and Answers

DSCR stands for Debt Service Coverage Ratio. It is a financial metric used to evaluate a company's ability to pay its debt obligations.

• DSCR is calculated by dividing a company's operating income by its total debt service obligations.

• A DSCR of 1 or higher indicates that a company is generating enough income to cover its debt payments.

• Lenders often use DSCR to assess the creditworthiness of a borrower before extending a ...read more

Important ratios for credit analysis include debt-to-equity, current ratio, and interest coverage ratio.

• Debt-to-equity ratio: Indicates the proportion of debt used to finance a company's assets. A lower ratio is generally preferred.

• Current ratio: Measures a company's ability to cover its short-term liabilities with its short-term assets. A ratio above 1 is ideal.

• Interest coverage ratio: Shows a company's ability to pay...read more

Points to consider in PD with customer on business location

• Assess the stability and reputation of the business location

• Evaluate the accessibility and visibility of the location

• Consider the potential impact of the location on customer traffic and sales

• Review any past credit history associated with the location

Components of P&L include revenue, expenses, and net income. Components of balance sheet include assets, liabilities, and equity.

• P&L components: revenue, expenses, net income

• Balance sheet components: assets, liabilities, equity

• Examples: Revenue - sales income, Expenses - salaries, Net income - profit, Assets - cash, Liabilities - loans, Equity - retained earnings

Verify employment by requesting pay stubs, contacting HR, or using employment verification services.

• Request pay stubs from the customer to verify employment and income

• Contact the customer's HR department to confirm employment status

• Use employment verification services like The Work Number or Equifax to validate employment information

I am open to any location that offers growth opportunities and a good work-life balance.

• Open to relocation for the right opportunity

• Prefer locations with good work-life balance

• Interested in areas with potential for career growth