Latest comments for http://www.ababj.com , comment 0 to 2 out of 2 comments http://www.ababj.com Wed, 19 Jun 2013 07:24:54 +0100 FeedCreator 1.7.2 http://www.ababj.com/myblog/should-lenders-have-unlimited-turndown-authority.html#pc_372 I agree with you. The marketing function should not intrude on the credit approval structure. - Resonse from Ed Fri, 19 Mar 2010 12:04:47 +0100 http://www.ababj.com/myblog/should-lenders-have-unlimited-turndown-authority.html#pc_368 Any commerciallender who is granted lending authority should be able to turndown any credit request. If the prospective borrower does not qualify for the credit being requested, that should be the end of the story. If the structure of what is proposed does not work, the lender should look for an alternative structure that does work, and seek advice from a more experienced lender to determine the viability of the proposed deal. If the lender is unable to tell the difference between what will not work and what will not work, then perhaps the grant of lending authority was premature. Nevertheless, any lender who is granted lending authority should be able to turndown any request for credit that does not meet lending policy requirements. . .no matter who is making the request. - Gary Young Fri, 19 Mar 2010 07:49:11 +0100