4 ms·
It's also not uncommon to see maintenance (ie tested every x month, not just on initial borrowing) loan to value covenants in commercial Real Estate lending, in
by tomatocracy 7y ago
It's also not uncommon to see maintenance (ie tested every x month, not just on initial borrowing) loan to value covenants in commercial Real Estate lending, including at quite small scale (think small independent hotels and the like).