Bank Appraisals

Credit appraisal of a term loan denotes evaluating the proposal of the loan to find out repayment capacity of the borrower. The primary objective is to ensure the safety of the money of the bank and its customers. The process involves an appraisal of market, management, technical, and financial. Getting term loans from a financial institution is not so easy. The corporate asking for the term loan has to go through several tests. The bank follows an extensive process of credit appraisal before sanctioning any loan. It analyses the loan proposal from all angles. The primary objective of credit appraisal is to ensure that the money is given in the right hands and the capital and interest income of the bank is relatively secured. While appraising term loans, a financial institution would focus on evaluating the credit-worthiness of the company and future expected stream of cash flow with the amount of risk attached to them. Creditworthiness is assessed with parameters such as the willingness of promoters to pay the money back and repayment capacity of the borrower. Various Appraisals offered:

  1. Market Appraisal
  2. Management Appraisal
  3. Technical Appraisal
  4. Financial Appraisal

We in Dhruva provide all types of assistance for Banking related appraisals as per the requirements of individual banks and clients. Complying all the formats and procedures according to your needs.

The Benefits Of Outsourcing Bank Appraisal:

  1. Outsourcing appraisals to us keeps operations compliant
  2. Lower staffing costs and the workloads of your current employees
  3. Simplifies lending timelines
  4. We provide one established infrastructure and system for appraisals

Our Appraisal assistance would include the following areas:

  1. Valuation order acceptance
  2. Order proof and editing
  3. Appraiser vetting and selection
  4. Appraisal fee negotiation
  5. Valuation order placement
  6. Setting the overall work-order timeline
  7. Monitoring the appraisers’ progress
  8. Receiving the appraiser’s report
  9. Reviewing the appraisal, which typically runs between eight to 10 pages for a standard residential property and up to 100 pages for commercial or niche properties
  10. Proofing and editing appraisal changes and corrections
  11. Sending the appraisal to the borrower/client
  12. Fielding any client questions or concerns