Titling a loan to a sole proprietorship - Mary Beth Guard and John Burnett

<a href="http://adserve.bankersonline.com/cgi-bin/advertpro/blink.fpl?region=2&slot=1" target="_top"><img src="http://adserve.bankersonline.com/cgi-bin/advertpro/bimg.fpl?region=2&slot=1&keyword=NULL" border="0"></a>


Site Map Our Sponsors Home

Print Friendly!

Email This Article!

<a href="http://adserve.bankersonline.com/cgi-bin/advertpro/blink.fpl?region=34&slot=1" target="_top"><img src="http://adserve.bankersonline.com/cgi-bin/advertpro/bimg.fpl?region=34&slot=1&keyword=NULL" border="0"></a>

Titling a loan to a sole proprietorship
Answer by Mary Beth Guard and John Burnett, BOL Gurus
Guru BIOS

Question: What is the correct procedure for titling a loan to sole proprietorship?

Answer: In the name of the individual owner. You may add a �caption� indicating the name of the business if you wish, but the loan is to the individual.

The original version appeared in the September/October 2004 edition of the Oklahoma Bankers Association Compliance Informer.

First published on BankersOnline.com 6/13/05

Home | Compliance | Lending | Operations | Security | Marketing | Technology | eBanking

BOL Archives Privacy Policy Important Disclaimer Recommend This Site ! Contact Us

BankersOnline is a free service made possible by the generous support of our advertisers and sponsors. Advertisers and sponsors are not responsible for site content. Please help us keep BankersOnline FREE to all banking professionals. Support our advertisers and sponsors by clicking through to learn more about their products and services.

<A href="http://adserve.bankersonline.com/cgi-bin/advertpro/blink.fpl?region=82&slot=1" target="_new"> <IMG src="http://adserve.bankersonline.com/cgi-bin/advertpro/bimg.fpl?region=82&slot=1&keyword=NULL" border="0" width="125" height="125" alt="Click Here!"> </A>

<A href="http://adserve.bankersonline.com/cgi-bin/advertpro/blink.fpl?region=31&slot=1" target="_blank"> <IMG src="http://adserve.bankersonline.com/cgi-bin/advertpro/bimg.fpl?region=31&slot=1&keyword=NULL" border="0" width="125" height="125" alt="Click Here!"> </A>

<A href="http://adserve.bankersonline.com/cgi-bin/advertpro/blink.fpl?region=4&slot=1" target="_top"> <IMG src="http://adserve.bankersonline.com/cgi-bin/advertpro/bimg.fpl?region=4&slot=1&keyword=NULL" border="0" width="125" height="125" alt="Click Here!"> </A>

<A href="http://adserve.bankersonline.com/cgi-bin/advertpro/blink.fpl?region=83&slot=1" target="_new"> <IMG src="http://adserve.bankersonline.com/cgi-bin/advertpro/bimg.fpl?region=83&slot=1&keyword=NULL" border="0" width="125" height="125" alt="Click Here!"> </A>