Field Notes
Field Notes
Practical notes on assembling and reading finance approval applications — drawn from audits we perform in Seoul.
Reading a credit committee’s silence
When a lender goes quiet after receiving a finance approval application, the cause is often a documentation question — not a final no.
Collateral appendices that slow Korean lease approvals
Equipment lists without serials, expired insurance, and soft valuations — appendix issues we see in lease-related finance approval files.
What to put in the contents list before an application audit
A practical contents list helps us scope fee and calendar — and keeps your finance approval package reviewable on day one.
Five places finance approval applications usually contradict themselves
Cover letters, P&Ls, guarantor IDs, collateral labels, and facility amounts — where draft packs most often disagree.