Dear Hilary – Total Commitments
July 2017

Dear Hilary,

Within Visible Equity, how are you all defining “Total Commitments”?

Sincerely,
Commitment Issues

 

Dear Commitment Issues,

A loan commitment is the amount the financial institution has contracted for future funding, once all conditions have been met. Within Visible Equity, we are calculating the total commitments as follows:

Total Commitments = Loan Balance + Senior Lien Balance + Unfunded Commitments


Happy Friday!

Hilary

Related Blog Posts
Further Your Education