A loan presentation sheet provides a summary of the loan request being presented to the board for its approval.
In general, a loan presentation sheet includes the name of the borrower and the amount to be borrowed. A loan presentation sheet often includes information such as the purpose of the loan and the terms under which the loan is being made—interest rate, term/time to maturity/renewal, borrowing restrictions and other requirements placed on the borrower. It may also include current balances and information on other loans the borrower may already have at the bank, as well as the record of performance on those loans. The sheet may also include:
- Information on the primary source of loan repayment.
- A plan for administering the credit (including an exit strategy in case of problems).
- Secondary sources of repayment.
- Notation of any exceptions to the bank’s loan policy.
Attached to the presentation sheet may be other information that can help committee or board members reach a credit decision.