loan over-advancement at origination

21:37 Jul 29, 2018
English to Spanish translations [PRO]
Bus/Financial - Finance (general) / Loan
English term or phrase: loan over-advancement at origination
This phrase is part of a GAP waiver addendum regarding a vehicle purchase (waiver to cover the difference between the payoff amount of the finance contract and what the auto insurance company will pay in case of a vehicle's total loss). This is the complete context: "Any re-amortization of loan over-advancement at origination shall be calculated by the Lender."

What is "loan over-advancement"? What is the meaning of "at origination"? Any suggestions will be highly appreciated.
Alba Rivas
United States
Local time: 20:27

Summary of answers provided
4Prestamo sobre flujos de efectivo/establecimiento del credito



8 hrs   confidence: Answerer confidence 4/5Answerer confidence 4/5
Prestamo sobre flujos de efectivo/establecimiento del credito

Loan overadvancement is a cash-flow based loan taken by a company, "Prestamo sobre flujos de efectivo". Origination can be "Originacion" (with is not in RAE) or simply "establecimiento "

Note added at 8 hrs (2018-07-30 05:41:30 GMT)

whether you use "prestamo" or "credito" is a matter of the rest of the text/translation. I would prefer prestamo, since we are talking about re-amortization".
Local time: 05:27
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