Conduct Corporate Loan Collateral Due Diligence
sd Conduct Corporate Loan Collateral Due Diligence
:Customer Relationship
Management
:Collateral Asset
Administration
Check Completeness of Documentation
Get Details of Collateral Currently Pledged to Bank
Verify Ownership and Conduct Title Search
Conduct Second Appraisal
Approve Collateral
Set Up Reporting Schedule
:Legal Entity Directory
:Party Lifecycle
Management
:Information Provider
Operation
:Credit Facility
:Correspondence
:Product Expert Sales
Support
:Legal Compliance
:Collateral Allocation
Management
:Corporate Loan
Conduct Corporate Loan Collateral Due Diligence
Retrieve Company Ownership Structure
Verify Corporate Customer
Determine Excess Collateral Value on Credit Facilities
Get Required Information
Get Independent Property Valuation
Get Environmental Report for Land and Buildings
Get Confirmation of Adequate Insurance and Bank Being Added as Beneficiary
If Collateral Is Land and Buildings
Assign Expertise on Equipment and Inventory Valuation
Get Independent Valuation of Equipment and Inventory
Prepare Draft Agreement on Fiduciary Change of Ownership of Equiment and Inventory
Get Confirmation of Adequate Insurance and Bank Being Added as Beneficiary
If Collateral Is Equipment and Inventory
Get List of Current Debtors Receivables from Customer
Prepare Agreement on Pledging of Debtors Receivables
If Collateral Is Pledging of Debtors Receivables
Determine Collateral Allocation Mix
Update Terms and Conduct Repricing
If Required
Link Collateral to Corporate Loan
Provisionally Update Collateral Allocation
If Collateral Relocated from Credit Facilities