Assetline reviews your application form and we provide a preliminary assessment (usually over the phone, followed by an indicative loan summary). This sets out the key loan terms. We then follow up with a written Indicative Letter of Offer.
You accept the Indicative Letter of Offer. We ask for further supporting information to complete our due diligence and also conduct a 3rd party valuation of the security.
Assetline prepares Loan Contract which is issued to you for review