NOTE: If there’s a positive change out-of shareholders out of a business borrower, loan providers should revision brand new SBF Directorate of one’s brands of one’s the brand new shareholder(s).
NOTE: Where borrower really does alter the judge standing for which the small company was persisted (i.age., an only proprietor one to integrate to go on the fresh new same team), this situation was treated once the an exchange off financing regarding borrower so you can borrower and also the pursuing the Item fifteen is accompanied. Continue reading “fifteen. Import from Financing Anywhere between Consumers [Regs. s.33, par 37(4)(a)]”