The Assentline Process is
streamlined and efficient...

STAGE TIMING DESCRIPTION
Indicative Loan Summary Issued same day as inquiry High level summary of loan terms for broker to present to client
Application Form

Client to provide a completed and executed form
Provision of all terms as per checklist on application form will see deals progress quicker and allow full due diligence to be completed promptly

Formal application - provides key information for lender to issue indicative Offer Letter
Indicative Offer Letter Within 24 hours of receiving Application Form Formal Offer from Assetline setting out terms of advance to Borrower
Valuation Generally, 2-3 days Instructed as soon as Borrower pays Valuation Fees Lender values security forming collateral for the loan
Due Diligence Commences as soon as Indicative Offer Letter is signed Assetline performs due diligence on Borrower and Transaction
Loan Documents Instructed as soon as valuation and due diligence are completed. Generally issued to Borrower within 24 hours of instruction Assetline performs due diligence on Borrower and Transaction
Settlement Within 48 hours of loan documents returned Funds advanced to Borrower