Loan Documentation Training Course

Participants can assess borrower evidence and organise conditions precedent for a controlled closing.

• Know-your-customer files aligned with borrower identity and beneficial ownership records
• Corporate constitutional documents reviewed for borrowing and security powers
• Board resolutions and powers of attorney tested for valid authority
• Conditions precedent checklist separates legal, financial and operational evidence
• Legal opinions: capacity, enforceability and no-conflict assumptions assessed
• Sanctions and AML representations drafted with escalation triggers

Participants can document the principal commercial terms of a funded loan facility accurately.

• Facility types distinguished: term loans, revolving credits, overdrafts and trade lines
• Drawdown mechanics specify notice, minimum amounts, currencies and funding dates
• Interest clauses apply reference rates, margins, floors and fallback provisions
• Fees, prepayments and break costs documented without calculation ambiguity
• Repayment schedules reconcile amortisation, bullet maturities and cash-flow assumptions
• Purpose clauses and availability periods constrain permitted use of proceeds

Participants can document measurable borrower obligations and the evidence needed to monitor them.

• Financial covenant definitions reconcile EBITDA, debt, cash and permitted adjustments
• Ratio testing clauses specify calculation dates, thresholds and cure rights
• Information undertakings set reporting packs, deadlines and certification requirements
• Positive and negative covenants distinguish controls from commercial restrictions
• Undertakings address disposals, acquisitions, distributions and related-party transactions
• Material adverse change clauses framed around evidentially supportable triggers

Participants can document a security package and identify the actions needed to protect lender priority.

• Security package mapped across guarantees, charges, pledges and assignments
• Fixed and floating charges distinguished by asset control and priority
• Perfection steps identify registrations, notices, filings and account-control requirements
• Guarantee limitations address corporate benefit, capacity and local-law constraints
• Intercreditor priorities allocate enforcement proceeds, standstill rights and voting
• Release mechanics document partial disposals, refinancing and discharged obligations

Participants can manage a loan closing and confirm that funding conditions have been properly satisfied.

• Conditions precedent tracker assigns owners, evidence, status and expiry dates
• Closing checklist sequences execution, deliverables, funding approvals and releases
• Document execution formalities checked for deeds, witnesses, notarisation and counterparts
• Funding memoranda confirm satisfied conditions, exceptions and approval authority
• Post-closing undertakings diarised with owners, deadlines and evidence requirements
• Exception logs record waivers, reservations and remedial follow-up actions

Participants can identify the documentation and decision rules used in syndicated lending transactions.

• LMA-style syndicated facility roles allocated among agent, lenders and arranger
• Transfer certificates, assignments and participations documented for lender changes
• Voting thresholds distinguished for majority lender and all-lender decisions
• Agency clauses govern notices, calculations, indemnities and reliance protections
• Information flows control lender communications, confidentiality and borrower consents
• Amendment mechanics classify administrative, majority and unanimous changes

Participants can distinguish contingent trade facilities from funded loans and document their key obligations.

• Documentary credits distinguished from loan facilities and contingent liabilities
• UCP 600 examination periods and discrepancy handling requirements applied
• Demand guarantees structured under URDG 758 rules and expiry terms
• Counter-indemnities allocate reimbursement, collateral and claim notification obligations
• Standby letters of credit documented with issuer and applicant protections
• Trade-finance security documents link underlying goods, receivables and proceeds

Participants can prepare documentation that preserves lender rights when borrower performance deteriorates.

• Events of default drafted around payment, covenant, insolvency and cross-default triggers
• Grace periods, materiality thresholds and cure provisions calibrated carefully
• Reservation-of-rights letters preserve remedies without waiving lender positions
• Waiver and amendment documents distinguish temporary relief from permanent variation
• Enforcement notices coordinate acceleration, demand, security realisation and guarantor claims
• Distressed borrower files maintain evidence trails for credit and legal review

Participants can establish controls for reviewing, retaining and monitoring loan documentation after closing.

• Document review protocol compares approved terms, draft provisions and execution copies
• Defined-term audit detects inconsistencies, circularity, missing references and ambiguities
• Clause library governance controls versions, precedents, deviations and approvals
• Document retention schedules preserve originals, e-signature evidence and access controls
• Data fields extracted for covenant monitoring, maturity management and reporting
• Personal application plan targets documentation controls for immediate workplace use