Question: Task 3b Implement complex loan structures Bill and John have accepted your recommendations and have given you authority to proceed with their application. As part

Task 3b Implement complex loan structures Bill and John have accepted your recommendations and have given you authority to proceed with their application. As part of implementing their loan application you are required to prepare a formal written loan submission to the lender for pre-approval. Note: Lenders have different credit policies and submission requirements do vary from lender to lender. Your loan submission must include the following: 0 details of borrower, guarantors and their contact details 0 borrowers' backgrounds 0 an overview of the proposal what the finance is for: the proposed structure of the facility being recommended product type, deposit amount (if required), loan amount, term, interest rate and residual value (if any) Note: Loan is based on a 70% LVR, a 7% interest rate and 15 year term. full details of the security/collateral that is to be provided Sensitised serviceability calculations including Debt Service Cover Ratio (DSCR) calculation and all personal borrowing facilities of directors (sensitisation rate is disclosed in case background) provide a funds-to-complete table, including statutory costs and any relevant fees highlight the relevant risks, industry, business, transactional and how they are mitigated any other information that is relevant to assist the lender provide an approval your comments and recommendations list attachments. {300 words) Notes: Any assumptions you make should be listed, and not be in conflict with the case study information already provided. You are to write a formal submission to the lender, not simply commenting on each of the points detailed above. The use of tables in the report, to set out some of the numeric information, may be of benet

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