Who decides if my application is successful or not?

This is a two-stage process. At CWRT, we consider each case thoroughly.

First, on receipt of your enquiry or application our commercial loan team will review the application and additional information, which together with at least one meeting (on-site if appropriate) enables them to assess its merits and risks. If they deem it viable they will then prepare it to be submitted to the Credit Committee.

Second, the Credit Committee will then review the application. In many cases we offer the applicant the opportunity to present their application in person: because of its complexity; your credit history; or because of the size of the loan being requested.

Posted in: Business Loan FAQs