Lease Financing Policy
The purpose of this Lease Financing Policy Template is to address lease financing loan products, underwriting, and related lending operations of a bank, credit union, or other type of financial institution. In general, a lease is an agreement that allows one party to use another’s property for a stated period of time in exchange for consideration. See more information about this product below.
Lease Financing Policy
The purpose of this Lease Financing Policy Template is to address lease financing loan products, underwriting, and related lending operations of a bank, credit union, or other type of financial institution. In general, a lease is an agreement that allows one party to use another’s property for a stated period of time in exchange for consideration.
Table of Contents
- Purpose and Contents – Topic 1
- Policy Statement – Topic 2
- Definitions – Topic 3
- Regulatory Overview – Topic 4
- Risk Management – Topic 5
- Program Administration – Topic 6
- Lease Financing Products – Topic 7
- Standards and Underwriting – Topic 8
- Accounting – Topic 9
- Credit Risk Rating Assignment – Topic 10
- Allowance for Credit Losses – Topic 11
- Audit Policy – Topic 12
- Staff Training – Topic 13
- Retention of Documentation – Topic 14
Recent updates to this product:
Current Expected Credit Losses (CECL) Accounting Standard
This Lease Financing Policy Template (approximately 22 pages) is available to purchase from BankPolicies.com in Microsoft® Word format for $150.00.
NOTE: The complete contents of this product are also included in the Commercial Loan Policy Template.
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