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Amy, a file manager at CDC Small Business Finance, explains the commitment letter you receive after your loan request is approved. This letter provides a snapshot of your loan, outlining the estimated loan terms, structure, fees, and additional documents needed to finalize and fund your loan. You will receive the letter via email, and a call will be scheduled to review it in detail and address any questions you may have about the process. During this call, you will also be asked to pay your loan packaging fee, which signifies your commitment to proceed with the loan request and to work with CDC Small Business Finance to meet the conditions necessary for loan approval.
