For example, a limitation on the granting of a loan or guarantee above a specified financial threshold, or a limitation on the disposal of a critical asset without the written consent of the lender, consent not to be withheld and granted within a specified period of time, or authorization to dispose of assets remaining in the group of borrowers/debtors, for example.B of a guarantor under the agreement. The inclusion of such a qualification in the Covenants gives the borrower a certain degree of flexibility. A commercial loan, also known as a commercial loan, is any type of loan intended for commercial purposes. The document describing the details of this loan is called a business loan agreement. To some extent, the acceptance of a loan by a lender is an act of trust for both parties. The lender entrusts the borrower with compliance with the credit agreement (the lender has limited possibilities after the loan is concluded and the application is expensive and tedious). . . .