For that reason, credit worthiness may not weigh heavily in your screening process.  

@Justin YoungDeposit accounts balances, years in business, sales and the credit worthiness of the business are factored into the decision of the bank in addition to collateral which is the #1 reason.  

Your buy formula is a personal choice as far as target yield.Due diligence in broad terms covers:1) marketability of note, legal, etc. documentation2) the borrower (credit worthiness, payment history)3) the collateral (equity, other liens etc.)If you are proficient with a financial calculator make sure your settings are correct for # of payments per year.to calculate "i"/yrenter "n" number of remaining paymentsPV= the price you pay for the note if its $50,000 enter - 50,000PMT= scheduled monthly payment if it's $500 enter +500FV= usually "0" if it is fully amortized (if there is a balloon enter that number +)Most people get tripped up on when to use a negative or positive number.then press "i/yr" that will be your annual expected yield

I don't mean in the "bitter" sense; more like I'm used to having to put my money in the pot without outside help--primarily because of creditworthiness.  

It can take months or years to re-lease a property and if you run out of money to pay your bank, you're out of luck.Some people will advise you to check the creditworthiness of the tenant, but don't bother.

The only stipulation is that after 1989 they require the buyer to meet the creditworthiness standards as if they were apply for a new loan for the respective authority.

I received more than one phone call from companies claiming to offer a service that helps people establish an LLC, obtain a business credit card, and help build their client's business credit worthiness by making purchases on said business credit card on behalf of the client without providing advance notice to the client!

Only when consumers unable to obtain home loans start to complain en mass, AND the liberals first choice of having the Government give them loans out of the Federal Treasury is shot down, will the legislation be somewhat modified to bring credit for less creditworthy borrowers back into the market.

They do look at your credit worthiness and the deal, but a lot of weight gets put on the quality of the deal.

Credit worthiness of borrower?