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Loan Restructuring Proposal Form

This document is a loan restructuring proposal for a client with an outstanding loan. The client has defaulted on payments and is requesting an adjustment to the loan terms. The proposal provides details of the original loan, payment history, reasons for default, the current status of the client's business, and collection efforts taken. It recommends restructuring the loan by adjusting the amount, payment period, interest rate, and waiving penalties. Justifications for the recommendations include the client's present income being enough to cover monthly payments. The proposal requires review and a decision on approving, disapproving, or deferring the requested restructuring.

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Jose Rico Coligado
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1K views1 page

Loan Restructuring Proposal Form

This document is a loan restructuring proposal for a client with an outstanding loan. The client has defaulted on payments and is requesting an adjustment to the loan terms. The proposal provides details of the original loan, payment history, reasons for default, the current status of the client's business, and collection efforts taken. It recommends restructuring the loan by adjusting the amount, payment period, interest rate, and waiving penalties. Justifications for the recommendations include the client's present income being enough to cover monthly payments. The proposal requires review and a decision on approving, disapproving, or deferring the requested restructuring.

Uploaded by

Jose Rico Coligado
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOC, PDF, TXT or read online on Scribd
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LOAN RESTRUCTURING PROPOSAL

Name of Client: PN. No.


Present Address: Contact No.
Loan Details:

Nature/Description of the Business:


Original Loan Terms and Condtions Total Payment Made: No. of MAs paid:
a. Amount Released:
b. Date Released : Date of Last Payment: Amount of last payment:

c. Interest Rate : No of unpaid MAs No. of days past due:


d. Loan Duration :
Loan Outstanding as of: (state the SOA cut-off date here)
e. Maturity Date :
Principal
f. Collateral : Interest
g. Original CO : Penalty
Total
Previous Loan History and Repayment of Client:

Latest update:
a. Date of last visit
b. Status of the client - source of income
c. Status of the business - give description and details

Reason/s for Default:


 As given by the clients – require details
 Give your analysis of the reasons given, probe the reasons. Is it the truth or half-truth. Is the reason given
directly connected with the non-payment?
 Do you agree with the reasons given?

Description of Present Status of Client and the business:


 Describe in details the present condition of the client and the business (sales, number or workers, orders etc)
 What is their source of income/livelihood
 What is the prospect for the recovery of the business (any indicators that the business will improve?)
 Is there any alternative source of repayment

Collection Procedures Undertaken:


 Number of visits made for the last 2 months, matters discussed during the visit
 State notices given and signed by the clients
Request of the client: (specify and itemize client’s request)
1.
2.
3.
Reasons for the request: ____________________________________________________________________
Recommendation:
a. Amount to be restructured:
b. How many months:
c. How much is the monthly amortization?
d. Interest rate -
e. Others (recommendation for waiver of penalties) –
f. Any Specific Condition for the approval
Justifications:
1. Justify the waiver (why we should grant any waiver?)
2. Justify the terms being proposed and support your justifiction e.g. present income of the borrower is Php
________ and therefore enough to meet monthly MA.
3. Other justifications
Prepared by: Reviewed by: Recommended by:

Remedial Officer CSU Supervisor Credit Manager


Date Presented to Crecom: Decision Taken:
Approved Disapproved Deferred
Crecom Res. No.
______________ Conditions/Remarks: ______________________________________________

Loan Resructuring Proposal Form_v.1/01/15/2018

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