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Curtailment (definition)

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Curtailment

Within the context of flooring loans, payments are referred to as curtailments. For the most part, it's just a different term for the same idea, but many flooring lenders like to set curtailments up with special templates, so our Curtailment Dates Tool lets them manually set individual curtailments or use a curtailment schedule template.

 


Written by Jackson Stone

Updated on March 7th, 2023

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