Will a loan agreement be generated for a commercial loan arrangement for the LRBA Suite service?

Question

Will a loan agreement be generated for a commercial loan arrangement for the LRBA Suite service?

Answer

If the LRBA Suite is using a financial institution (Bank) for the borrowing, it will be the requirement and onus of the financial institution to provide all commercial loan agreements to the Bare trust.

Note: Our service will only provide the loan agreements whereby the borrowing is a related party arrangement.

 

 

Was this article helpful?
0 out of 0 found this helpful
Have more questions? Submit a request