Skip to content

Loan Created in Signers Name-Company Debt

Answered by: 

Question: 
A customer is signing for a company and owns 25% of the company, if a loan is created in the signers name would the companies debt need to be included in aggregate debt?
Answer: 

What is the context of your question? If it is loans to one borrower and you are a State bank, you would have to refer to State law.

First published on 10/14/2018

Filed under: 
Filed under lending as: 

Search Topics