Reg. B states that the bank must provide the client with a credit decision within 30 days from the Completed Application Date for clients with gross annual revenue of $1,000,000 or less or within a "reasonable period" for clients with gross annual revenue greater than $1,000,000.
In the Commercial world, do you strictly pull the gross annual revenue figure from the Primary Borrower? What if you have a situation where the Primary Borrower is say a Real Estate Holding Company and one of the guarantors is a related company and their cash flow was the main one looked at. Would you still only use the RE Holding Company's revenue?