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Financial Intent to Proceed

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FINANCIAL INTENT TO PROCEED

Applicant and Contact Information

Transaction Summary

Application Date:

Conditions to Proceed

The undersigned submits this Financial Intent to Proceed subject to the satisfaction of the following conditions (check those expected to apply and provide details where requested):

Fees, Deposit and Payment

By signing, Applicant authorizes payment or delivery of the following fees as part of this Intent to Proceed.

Authorizations, Representations and Certifications

Applicant represents and warrants that the information provided in this document and any accompanying materials is true, accurate and complete to the best of Applicant's knowledge. Applicant authorizes the lender and its agents to obtain credit reports, income verification, and other customary underwriting information from third parties as necessary to evaluate the proposed financing.

Applicant acknowledges that this Financial Intent to Proceed is an expression of good faith to request lender action and, except for payment obligations specifically identified as binding (such as the Good Faith Deposit and non‑refundable fees where indicated), this document is non‑binding on both Applicant and the lender until definitive loan documentation is fully executed by all required parties.

Applicant further certifies that no material changes to Applicant's financial condition have occurred since the date of any financial statements provided and agrees to promptly disclose any such changes. Applicant will provide all documents reasonably requested by lender to complete underwriting and closing.

Confidentiality, Governing Law and Expiration

All information exchanged under this Intent shall be treated as confidential by the parties except as required by law. This Intent shall be governed by and construed in accordance with the laws of the state of . This Intent will expire if not accepted in writing by the lender within days of the Application Date above, unless extended in writing by mutual agreement.

Acknowledgement

By signing below, Applicant confirms the intention to proceed with the financing described herein subject to the conditions above, and acknowledges receipt of this statement of intent. Applicant understands that no binding commitment to lend has been made unless and until definitive loan documents have been executed by all required parties.

Applicant:

Print Name:

Signature:

Date:

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What the Financial Intent to Proceed document is

A Financial Intent to Proceed is a written or electronic record used in consumer and commercial finance to show a party's informed choice to move forward with a proposed transaction, financing, or fee-bearing service. It documents the signer's intent to continue after receiving required disclosures, and it frequently appears in loan origination, mortgage, and other credit workflows. The form is not, by itself, a loan agreement or promissory note; instead, it signals consent to the next steps such as fee assessment, underwriting, or additional documentation collection.

Why a clear Intent to Proceed matters

A documented Intent to Proceed reduces ambiguity about whether the consumer or counterparty agreed to further processing and fee assessment.

Why a clear Intent to Proceed matters

Who typically completes a Financial Intent to Proceed

Organizations use this record to create a defensible audit trail and to document consumer consent where rules require a clear expression of intent.

  • Borrowers and loan applicants confirming they accept disclosures and want to continue the application.
  • Loan officers or brokers collecting explicit consent to proceed with fee-bearing actions.
  • Authorized agents or attorneys confirming a client’s instruction to move forward.

Step-by-step: completing and recording the Intent to Proceed

Follow these core steps to capture a clean, auditable Intent to Proceed that supports compliance and process continuity.

  • 01
    Prepare: Attach required disclosures and transaction summary.
  • 02
    Collect details: Confirm applicant identity and contact information.
  • 03
    Obtain consent: Have the applicant sign or click to proceed with an audit trail.
  • 04
    Record: Store the completed form and audit metadata securely.

Configuring an online workflow for Intent to Proceed

Map each workflow setting to the transaction risk level and compliance needs before sending the form for signature.

Field Configuration
Authentication Email link, SMS code, or stronger KBA depending on risk
Signing Order Set sequential or parallel signing per transaction roles
Field Validation Enforce required fields, date format MM/DD/YYYY
Expiration Set link expiration to limit exposure; usually 7–30 days

Technical options for secure delivery and signing

Ensure your chosen platform provides auditable timestamps, signer attribution, and secure retention to meet recordkeeping obligations.

  • Integrations: CRM and document systems: Salesforce, NetSuite, Microsoft 365
  • Formats: Accept PDF, DOCX, and fillable forms
  • Security: AES-256 at rest and TLS 1.2/1.3 in transit

Typical online signing flow for a Financial Intent to Proceed

This streamlined flow shows how a digitally delivered Intent to Proceed moves from sender to signed record.

  • Upload: Sender uploads the document to the signing platform.
  • Place fields: Sender positions signature, date, and checkbox fields.
  • Send: Platform emails signer with authentication steps.
  • Complete: Signer authenticates, reviews, and signs; system captures audit data.

Typical deadlines and timing expectations

Establish and communicate clear windows so parties understand response expectations and avoid delays.

Response Window:

Requester may set 7–30 day response windows to limit stale authorizations.

Effective Date:

The Intent to Proceed date determines when processing may lawfully begin.

Funding Window:

Underwriting and funding timelines vary; disclose estimated timelines up front.

Document Retention:

Keep the executed record per retention rules relevant to the transaction.

Reverification:

Reconfirm intent if more than a defined period elapses before charging fees.

Key milestones from disclosure to execution

Track these sequential milestones so stakeholders know when responsibility shifts and which records to preserve.

01

Provide disclosures

Sender delivers required disclosures and transaction summary.

02

Receive intent

Signer records their decision to proceed via signed form.

03

Underwrite or process

Lender or provider begins underwriting or fee-bearing work.

04

Close or fund

Final documentation executed and funds disbursed if applicable.

Common mistakes that delay or invalidate an Intent to Proceed

  • Missing or unclear disclosure attachments that leave signer unaware of fees or conditions.
  • Using informal notes or emails without an audit trail to prove intent to proceed.
  • Collecting signatures without proper authentication for the transaction’s risk level.
  • Failing to store the executed record and audit metadata in a tamper-evident system.

Potential risks and consequences of an incorrect Intent to Proceed

Funding Delay: Processing stalls if consent is ambiguous.
Dispute Risk: Customer disagreement may lead to chargebacks or complaints.
Regulatory Exposure: Consumer finance errors can trigger supervisory reviews.
Contract Uncertainty: Document may be unenforceable if intent is not proven.
Operational Cost: Manual rework and reputational impact increase expenses.
Audit Findings: Incomplete records can cause internal or external audit flags.

Security and compliance items to include with the form

Transport Encryption: TLS 1.2/1.3
At-rest Encryption: AES-256
Audit Trail: Timestamps, IP, and action log
Compliance Options: SOC 2, ISO 27001 available
Healthcare BAA: HIPAA support with BAA
21 CFR Support: 21 CFR Part 11 controls possible

eSignature vendor pricing and feature comparison

A concise vendor comparison for common purchasing criteria. Pricing reflects published annual-billing starting rates; feature availability is summarized for quick reference.

signNow DocuSign Adobe Sign PandaDoc HelloSign
Starting Price $8/user/mo $15/user/mo $14/user/mo $19/user/mo $15/user/mo
Free Trial 7-day free trial Varies by plan Varies by plan Varies by plan Varies by plan
Bulk Send Yes Yes Yes Yes No
Audit Trail Yes Yes Yes Yes Yes
HIPAA Compliant Yes Yes Yes No No
Envelope Cap No cap 100 envelopes/user/year Varies Varies Varies

Real-world examples of Intent to Proceed usage

Two brief examples show how organizations document intent to proceed in operational workflows.

Optica Ventures — Brian Fitzgibbons

A venture fund used an electronic Intent to Proceed to confirm investor commitment before initiating transfer processes

  • The platform captured signatures and timestamps for all parties
  • This reduced misunderstanding about authorization and created a clear audit trail for compliance and investor relations.

Martin Properties — Tim Martin

A real estate operator collected tenant financing consent online to authorize background checks and fee payments

  • The signed record included an audit trail and secure storage
  • That approach minimized in-person interactions and accelerated underwriting while preserving evidence of the tenant’s authorization.

Frequently asked questions about Financial Intent to Proceed

Answers to common questions about enforceability, electronic capture, signatures, and recordkeeping for an Intent to Proceed.


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