Hodge Podge
Electronic Signature Documents
What is DocuSign?
Commercial Loan Servicing
What is CLS
Credit Approval Summary
What is a CAS
No collateral securing a loan
What is unsecured?
This document has a borrowing base
What is an asset based loan agreement
Maturity less than 90 days
What is Short term renewals?
Required item to enter CLS prior to 8:00AM and after 4:30PM
What is your Commerce Bank badge
Location of a CAS/By-Sig/MINS
What is BDEV
Perfects a vehicle loan
What is a notice of lien
Continuity of operations appears in this section
What is negative covenants
Incorrect collateral record entered in ELAR
What is a Re-Work
Kelli, Liz, Angela, Theresa, Bre, Jennifer, Rachelle,
Who is the Event Committee
NAICS Codes, Overall Collateral code, Risk Rating, HLT, Facility Grade
What are SOX Controls
To perfect a UCC fixture filing
What is record UCC at the county level
Debt from borrower to creditor
What is a debt subordination agreement
Document used to Change/Fix incorrect information from loan orgination
What is a replacement note?
Director, Commercial LOB Products & Operations-Commercial Services ADMIN
Who is Bruce Bienhoff
CAS states 3.5% floor
What is Rate Floor
Document required on Possessory Collateral if loan amount exceeds $100,000
What is a Reg U
Allows lender to enter premises if loan goes into default
What is a Landlord's release
Greater than 7 years and exceeds $3MM
What is a Yield maintenance PPP?
Who is Dana Starns
Unqualified statements
What are statements audited by a CPA
$100,000 DOT/MTG and maturity date greater than 1 year
What is Tax Tracking?
If Landlord defaults on loans neither the landlord or the lender can cancel a tenants lease
What is an SNDA (subordination non disturbance and attornment)