Professional Documents
Culture Documents
Pre Clearance Sample
Pre Clearance Sample
From :
AO, CLD
SUBJECT :
Request:
This is to seek clearance to process the increase of existing Credit Line of the above subject. Details below, to wit:
Background:
PARTICULARS FROM TO
Facility Credit Line Term Loan
Amount P20.0M 40.0M
Interest rate 11% 10%
Note: The increase of existing Credit Line from P20.0M to P40.0M shall be used to continuously finance its working capital
requirement in the construction of houses sold.
Recommendation: