Term sheet for banks

by a searcher from University of Pennsylvania - The Wharton School

3 years ago

in relation to banks, do we get the term sheet prior to seeking acquisition or after getting one in LOI?

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2 comments

searcher from Washington University in St. Louis

It would be good to get a read from a bank on what can get done before an LOI.

3 years ago | like reply | 0 likes

lender from Western Carolina University

Lending term sheets come after the LOI is executed. Most banks are more than happy to review the deal and give you feedback before you sign the LOI as well.

3 years ago | like reply | 0 likes

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