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APPLICATION FOR CREDIT FACILITIES
Company Registered Name:(D07 Version 2.0)Company Registration No.
Company Trading Name: (If different)Date Incorporated://
Trading Address:Registered Address:Postcode:Postcode:Telephone
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What is bridging finance additional guarantor?
A bridging finance additional guarantor is an individual or entity that agrees to assume responsibility for the loan obligations in case the primary borrower fails to repay the loan during the bridging finance period.
Who is required to file bridging finance additional guarantor?
The primary borrower or the party responsible for obtaining the bridging finance is typically required to file the bridging finance additional guarantor.
How to fill out bridging finance additional guarantor?
To fill out a bridging finance additional guarantor form, include personal details of the guarantor, information about the primary loan, and any applicable financial statements or documentation that supports the guarantor's ability to repay.
What is the purpose of bridging finance additional guarantor?
The purpose of a bridging finance additional guarantor is to provide additional security to the lender, ensuring that there is a backup source of repayment if the primary borrower defaults.
What information must be reported on bridging finance additional guarantor?
Information that must be reported includes the guarantor's identity, financial status, relationship to the borrower, and the specifics of the loan being guaranteed.
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