Occasionally, a Bank or Finance Company may ask you to commission a pre-lending review when they have been requested to provide or increase finance facilities to your business. A pre-lending review may range from a comprehensive "health" check to being more specific – examining a particular contract for which you require project finance, reviewing your budgeting/forecasting procedures and/or considering the risks associated with expanding your business.
Armed with a pre-lending review report, most businesses will find negotiations to provide or increase funding facilities take less time and may even be less costly.
