Manager Rejected Loans
- Should an applicant’s proposal for financial assistance be rejected by the General Manager, the applicant shall have the option of appealing the decision to the Loans Committee.
- If the application is subsequently rejected by this second review of the Loans Committee the applicant shall have no further recourse to appeal.
- Applicants have the option to re-apply for financing with a new and complete application package at any point following a rejection. The application will be considered as a new application.
Finance Committee Rejected Loans
- Should an applicant’s proposal for financial assistance be rejected by the Loans Committee, the applicant shall have the option of appealing the decision to the Board of Directors.
- If the application is subsequently rejected by this second review of the Board of Directors the applicant shall have no further recourse to appeal.
- Applicants have the option to re-apply for financing with a new and complete application package at any point following a rejection. The application will be considered as a new application.