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Loan Term Date Avg. Loan Value Average Loan Value Automobiles Recreational Vehicles Motorcycles Watercrafts Commercial Vehicles All Terrain Vehicles Light Equipment Agriculture/Farm Equipment Other PORTFOLIO EXPERIENCE Direct Indirect Vehicle Commercial Loans Made YTD Loans Made Last Year Loans Made Prior Year Repossessions YTD Unrecovered Skips YTD 30 Day Delinquency YTD UNDERWRITING AND COLLECTION STANDARDS Repo Ratio Type of Lender Less than 2 Dealership VSI APPLICATION 09/12 2 - 3 3 - 4...
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VSI form stands for Vendor Single Interest form, which is used to protect a lender's interest in equipment or other assets financed by a borrower.
The lender or financial institution financing the equipment is required to file the VSI form.
Fill out the VSI form by providing information about the borrower, the equipment being financed, and the details of the loan.
The purpose of VSI form is to protect the lender's interest in the financed equipment in case the borrower defaults on the loan.
The VSI form must include information such as borrower's name, address, details of the financed equipment, loan amount, and insurance information.
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