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Makes available the latest paragraphs for you to consider including in your CQS CPMS Policy.
text for CQS CPMS Policy:
CQS Policy: Purchases from a Company
Change Date : 17/10/2023 | Word Count: 49 | Deployment Measure : 8/10
Rationale:
Suggested wording relating to obligations to lenders where the borrower is purchasing off a corporate entity. This wording sets out specific checks that need to be conducted
Lenders are generally happy to proceed providing you are satisfied that the company is properly
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