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  • Term Loan Procedure

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    Amar Reddy
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    A term loan procedure involves a borrower submitting a loan application that is then processed and the proposed project appraised. If approved, a letter of sanction is issued which the borrower must accept along with the terms and conditions. A loan agreement is then executed along with security being created before the loan is disbursed, with ongoing monitoring of the loan.

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    Term loan procedure

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    A term loan procedure involves a borrower submitting a loan application that is then processed and the proposed project appraised. If approved, a letter of sanction is issued which the borrower must accept along with the terms and conditions. A loan agreement is then executed along with security being created before the loan is disbursed, with ongoing monitoring of the loan.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PPTX, PDF, TXT or read online from Scribd
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    33 views3 pages

    Term Loan Procedure

    Uploaded by

    Amar Reddy
    A term loan procedure involves a borrower submitting a loan application that is then processed and the proposed project appraised. If approved, a letter of sanction is issued which the borrower must accept along with the terms and conditions. A loan agreement is then executed along with security being created before the loan is disbursed, with ongoing monitoring of the loan.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PPTX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 3

    Term loan procedure

    By
    Amaresh
    Term Lone
    Term loan procedure
    • Submition of loan Application
    • Intional processing of loan Application
    • Apprasial of proposed project
    • Issue of letter of sanction
    • Acceptance od terms and condition by the borrowing unit
    • Execution of loan Agreement
    • Creation of security
    • Disbursement of loan
    • Monitoring

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