Conditions precedent are mandatory requirements that must be satisfied before Sha Tin Group proceeds to final loan approval and disbursement. These conditions protect lender and borrower interests while ensuring regulatory compliance across Hong Kong, China, and applicable international jurisdictions.
Document Verification. All submitted documents — passport, utility bill, company registration, financial statements, executive summary, and feasibility study — must be verified by our Document Verification Center. Discrepancies must be resolved before proceeding.
Government Registration. Payment of USD 20,250 government registration fees and completion of document validation, legalisation, and treasury registration in Hong Kong and China via the assigned government-accredited financial advisor.
Legal Representation. Completion of legal document review and loan agreement execution. Borrowers may travel to Hong Kong for in-person signing or appoint our assigned attorney for remote closure (USD 8,000 legal fee applies).
Collateral & Security. Where applicable, satisfactory collateral documentation, property valuations, and security agreements must be executed and registered prior to disbursement.
Insurance. Project insurance and lender's interest policies must be in force covering the loan period where required by underwriting.
Final Underwriting. Satisfactory completion of final review by Head of Underwriting & Risk Management (Ms. Patricia S.Y. Leung) with no material adverse change to borrower financial position or project viability since conditional approval.
Bank Details. Verified disbursement bank account on file matching the borrower profile. Funds will not be released to unverified accounts.
