Fig. 01 · Glossary
Lender Forbearance
Also known as Forbearance Agreement
Definition
Lender forbearance is a negotiated pause in enforcement after a borrower misses a covenant, payment, reporting requirement, or other obligation. It typically requires a cash forecast, milestones, fees, reporting cadence, and a credible turnaround plan.
Forbearance is not forgiveness. It buys time only if management uses the window to stabilize cash, communicate clearly, and hit milestones.
The stronger the 13-week cash forecast and operating plan, the more credible the request.
Human Renaissance glossary · operator-grade definitions · Research methodology
