Loan Committee

Equity1821’s Loan Committee consists of individuals in the Indianapolis community that have expertise in lending, management, financial accounting, and business.

The Loan Committee’s role is to:

• Make funding decisions within the parameters of our policy, including terms and conditions of financing.
• Review portfolio performance quarterly.
• Review the risk rating of the loan portfolio to establish and/or monitor the adequacy of loan loss reserves on a semi-annual basis.
• On an as-need basis, review the performance of individual financing transactions and make recommendations for risk mitigation strategies or modifications to financing agreements.
• Annually review the loan policy with regard to underwriting criteria, methodologies, and process, and recommend modifications.