Loan Approval Authorities Sample Clauses
Loan Approval Authorities. It is the policy of New Century to establish loan approval authority commensurate with the knowledge and technical abilities of the individual underwriters. Such authority levels are set forth in a separate section of this manual.
Loan Approval Authorities. The Bank has contracted for processing and approval services with Prosper, and Prosper will provide such services only as outlined in the Program Agreement executed between the Bank and Prosper as amended from time to time. No Bank funds will be used to fund a Loan without an accompanying approval from Prosper on behalf of the Bank (and in accordance with this Approval Policy). · Prosper Chief Financial Officer $ 25,000 · Prosper Controller $ 25,000