Pre-Lending Review
A pre-lending review is often required by a financier when a business seeks a new loan or seeks to change or add to their existing loan facilities.
The aim of the pre-lending review is to provide the financier with assurance that potential risks associated with provision of finance to a client have been identified, addressed and monitored.
It also allows the financier to provide the most appropriate facilities to the client, taking into consideration the specific business requirements. Such a review however is not just for financiers – it is for the benefit of the business as well. It provides relevant stakeholders with clear and concise information, allowing them to understand and manage business risks effectively. Businesses also find that negotiations with their financier are more efficient when a pre-lending review has been conducted.
Our experts at Brisbane Debt Solutions have experience in the preparation of pre-lending reviews as well as assessing business risks and assisting to develop and implement appropriate strategies.
Should you require a pre-lending review, take the step and contact us.
Also contact us to discuss your situation, learn more about assessing your business risks and developing and implementing essential strategies.
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