• Loan Covenants Are Conditions That a Borrower Must Comply With as Specified in a Loan Agreement
• Covenants Involve Reporting Requirements, Financial Performance Thresholds, Affirmative Actions and Negative Restrictions
• Take the Time to Read And Understand all Required Loan Covenants
• Loan Covenants Serve Various Purposes
• Covenants That Are Not Too Tight Or Too Loose
• IMPORTANCE TO YOU- Study and understand what your loan covenants are. Pay extra close attention the financial performance covenants. Make your voice heard when it comes to loan repayment