The Business Loan Agreement is an acknowledgment from the borrower that the loan proceeds are used for business purposes, eliminates consumer loan disclosure requirements, and contains conditions the borrower will and will not perform. 

This documentation is included with the loan package provided by Loan Doc Prep and is required when the loan is:  

• For business purpose
• Not for construction purposes
• Not for development purposes

Once completed, the Business Loan Agreement document is uploaded to Synergy (consumer purpose) or Abrigo (business purpose). If all documents are wet signed, send to loan servicing in the designated bag.

If you need additional assistance with Abrigo, please contact _Abrigo Help.