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Why are covenants used?

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All loans via Caple are subject to covenants that are included in the Facility Agreement. These covenants are mainly used by lenders to monitor performance of the business during the term of the loan. As Caple only provides unsecured loans, it goes without saying that we wish to monitor the financial situation of a company during the life of the loan.

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+44 (0)203 176 0750
info@caple.eu

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