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WHEDA Small Business Financing Manual - Guarantee Procedures Chapter

Underwriting

WHEDA's underwriting will include a thorough review of the application package submitted by the Lender. The Borrower's business will be evaluated against WHEDA's credit criteria. Any additional analysis WHEDA feels is necessary will be completed at this time.

WHEDA will work closely with the Lender to clarify any unclear information and to negotiate and structure a final recommendation. This may require the Lender to submit additional information or to alter their original request for guarantee.

WHEDA may visit the business as part of the review.

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