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Tony Williams, Loan Technologist
Commercial Lending Business Model
The bank has an obligation to take prudent measures to minimize risks associated with fraud or unforseen circumstances. Some of these precautions are:
- Review of environmental issues
- Physical inspection of plants/facilities offices
- Audit surveys
- Review of outstanding litigation
- Review of appraisals
- Credit checkings
- Review of historical and projected financials
- Analysis of industry and borrowers position
- Assessment of senior management
LIQ19-1
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