Term loan assessment processing

The term loan assessment processing involves several key stages. Initially, the lender evaluates the borrower's credit history, financial stability, and existing debts to understand their credit situation[5]. Subsequently, a financial and risk assessment is conducted to determine the borrower's financial stability, repayment capacity, and credit risk level[5]. If the appraisal is positive, the lender proceeds to structure the loan, deciding on the loan terms like amount, interest rate, and repayment tenure[5]. Upon approval, the lender disburses the loan amount to the borrower and administers the loan, updating records regularly[5]. This process is crucial for lenders to assess the borrower's creditworthiness, and repayment capacity, and to determine the terms and structure of the loan.