Origin |
Korea |
* Process of Debt Financing Arrangement
1. Letter of Intent by the borrower
2. Executive Summary or Business Plan by the borrower
3. Overview and Approval by the Consulting Group or the Lender
4. Issuing Letter of Intent(LOI) by the Consulting Group or the Lender stipulating the basic loan structure, Interest rate, all fees, etc
5. Sign the LOI by the client and return to the Consulting Group
6. Issuing Letter of Commitment(Full Term Sheet) by the Funding Trust(Lender)
7. A Meeting between the Funding Trust & Clinet
8. Signing the Term Sheet
9. Signing Non Circumvention/Non Disclosure Agreement
10. Due Diligence
11. First Draw-down
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