Home > Glossary of Terms > Stipulation


A stipulation is a credit requirement that must be fulfilled before a deal can be funded. Our credit team has a list of conditions that each application must meet prior to the application being booked. Depending on the stipulation, certain proof, information or documentation must be supplied by the customer and approved by the appropriate PEAC Solutions department for our internal credit team to “clear” the stipulation. ⁠

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