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EXHIBIT E State Revolving Fund Disadvantaged Business Enterprise Program Guidance to Borrowers & Contractors Oct 2016 Table of Contents Section 1: Overview Section 2: Definition of Disadvantaged Business

How to fill out guidance to borrowers

How to fill out guidance to borrowers

1. Start by gathering all the necessary documents such as income statements, bank statements, and identification proofs.
2. Read and understand the guidance provided by the lender or borrowing agency. Pay close attention to the specific requirements and instructions.
3. Fill out the borrower's information accurately, including personal details, contact information, and employment information.
4. Provide all the necessary financial information, such as income, expenses, and existing debts.
5. Double-check the completed guidance form for any errors or missing information. Make sure everything is filled out correctly.
6. Attach the required supporting documents along with the guidance form. Ensure that all documents are valid and up to date.
7. Review the filled-out form and supporting documents one more time to ensure accuracy and completeness.
8. Submit the guidance form and supporting documents to the designated authority or lender as per their instructions.
9. Keep copies of all submitted documents for future reference and follow up with the lender if necessary.
10. Wait for the lender's response or further instructions. Be prepared to provide any additional information or documents if required.

Who needs guidance to borrowers?

1. Individuals who are planning to borrow money from a lender or financial institution.
2. Small business owners seeking funding or loans for their ventures.
3. Students applying for educational loans or financial assistance programs.
4. Individuals or families looking to secure a mortgage or housing loan.
5. Any person in need of financial guidance or assistance in understanding the borrowing process.
6. Startups or entrepreneurs seeking capital infusion for their business.
7. Individuals with a low credit score or limited financial knowledge requiring guidance to improve their chances of borrowing successfully.

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What is guidance to borrowers?

Guidance to borrowers is a document that provides information, instructions, and assistance to individuals who are borrowing money or seeking financial help.

Who is required to file guidance to borrowers?

Lenders, financial institutions, or organizations that provide loans or financial assistance to borrowers are required to file guidance to borrowers.

How to fill out guidance to borrowers?

Guidance to borrowers can be filled out by providing detailed information about the terms of the loan, repayment options, interest rates, fees, and other relevant information in a clear and understandable manner.

What is the purpose of guidance to borrowers?

The purpose of guidance to borrowers is to ensure that individuals borrowing money fully understand the terms and conditions of their loan, repayment obligations, and their rights as borrowers.

What information must be reported on guidance to borrowers?

Information such as loan details, repayment schedules, interest rates, fees, penalties for late payments, and contact information for the lender must be reported on guidance to borrowers.