Get Facility Approval Memorandum

This guide provides a clear and comprehensive overview of how to fill out the FACILITY APPROVAL MEMORANDUM online. It breaks down each section and field of the form, ensuring that all users, regardless of experience, can successfully complete the document.

Follow the steps to accurately complete the FACILITY APPROVAL MEMORANDUM.

1. Click ‘Get Form’ button to obtain the form and open it in the editor.
2. Fill in the 'Prepared by' section with the name of the person completing the form.
3. Provide the 'Department' name where the borrower operates.
4. Enter the location related to the facility being requested.
5. Record the date of filling out the memorandum in the designated field.
6. Specify the 'Borrower' information, including the name of the company and any relevant identifiers.
7. List the ownership details, including the names and nationalities of the owners.
8. Indicate the location of the company's operations, including the full address.
9. Assign a risk rating based on the assessment of the borrower.
10. Define the type of business the borrower is engaged in.
11. Indicate any related companies, if applicable.
12. Specify the 'Facility Type' for which approval is being requested.
13. Fill in the 'Facility Amount', clearly stating the amount requested in both numeric and word form.
14. Describe the 'Purpose' of the loan or facility in clear and concise terms.
15. Identify the 'Beneficiary' of the facility, including relevant entities and organizations.
16. State the 'Tenor' of the facility, which refers to the duration or term of the loan.
17. Outline the conditions for issuance, specifying pre-conditions that must be met.
18. Finally, review all entered information thoroughly for accuracy before saving your changes.

Complete your FACILITY APPROVAL MEMORANDUM online today to streamline your approval process.