What is the time frame from initial application to settlement?
If all the stars are aligned we can close within two weeks however, typical turn around is four weeks. Our in-house counsel reviews the documents provided to determine if the obligation is absolute and unconditional. Any needed modifications to those documents are provided by us in writing. Depending on how quickly the respective legal counsel can turn the documents around will ultimately determine the time frame to settlement.
2 weeks when all the stars are aligned. Our in-house counsel reviews the documents provided to determine if the obligation is absolute and unconditional. Any needed modifications to those documents are provided by us in writing. Depending on how quickly their legal team can turn the documents around will ultimately determine the time frame to settlement.