Description
Credit submission template for committee or board approval. Covers: borrower and business profiles; purpose and sources and uses of funds; loan details (amount, rate, amortization, blended payments, prepayment, interest-only months, interest refund); fees; disbursement; corporate balance sheet and personal net worth statement; credit investigations and references; reporting requirements; conditions precedent; standard covenants; account strategy; financial commentary; security evaluation; strengths and weaknesses; risk rating; jobs maintained and created; recommendation and sign-offs; risk assessment summary; debt service schedule with GDS and TDS ratios; and collateral security panel.
