Project

· Name:

· Powerful Description (one paragraph, include remainder):

· Location:

· Govt Approvals (permits, planning commission, etc):

· Franchise (disclosure documents):

Request

· Purpose (acquisition - full/partial, refinance, cash out; asset, business):

· Amount (us$):

· Down Payment (us$, max):

· APR (maximum / best available; fixed or floating):

· Minimum LTV (or LTC):

· Other Lenders in play (such as current bank):

· Other lenders turned down by Client or Lender:

· Owner carry (% range; agreement):

· Company Name (with Inc, Ltd, Sub-S, LLC, Partnership, etc; registration state):

· Term (years):

· Use of Funds (RE, technology upgrades, construction costs, equipment, cash out etc; schedule, by year):

Business Documents (attachment or online link)

· Overview (condensed Executive Summary - Mission, Market, Mgt Team, Money - financial projections) :

· Executive Summary (condensed Business Plan):

· Pitch Deck (PPT or PDF with video or script; 10 slides of Executive Summary, to be presented in 20 minutes, in 30-point type):

· Business Plan:

· Private Placement Memorandum (for Equity only, based on Business Plan):

Financials (entry, attachment or online link)

· Profit and Loss statement (2024 YTD; if 2023 tax returns not filed, 2023 P&L; YTD and P&L certified by licensed accountant):

· Balance Sheet (<90 days old, better <30 days):

· Debt Schedule (business; current):

· Financial Projections (_____ years, minimum 3, if not in Overview):

· Sales Tax Rates (if any sales income):

· Bank (checking, savings, retirement):

· Tenant financial statements (single-tenant properties):

· Invested to date (us$M):

· Planning to invest in future (us$M):

· Income (last 2-3 years; business and personal with 20%+ interest):

· Tax Returns (last 2-3 years; business and personal with 20%+ interest):

· Operating statements (3 years):

· Check DSCR (NOI / Debt Service; minimum 1.2 to be safe):

Sponsor (duplicate for each individual or entity with 20%+ interest)

· Full Name (with title in company):

· Credit Rating (personal/business; source; actual/estimate):

· Bio/Resume (for new ventures):

· Service Address (if not in Bio/Resume; rent or own):

· Citizenship:

· IRS Issues:

· Mortgage Lates:

· Felony Convictions:

· Last IRS filing (year; filed regularly):

· Other Investment / Rental Properties / Assets:

· Liquidity (us$ or % immediately available, to be verified by Bank Statements):

· Industry background (properties/businesses owned/managed, etc.):

· Foreclosures, bankruptcies, criminal issues (explanation):

· Net Worth (us$M):

· Corporate Tax ID:

· Passport:

· Accept recourse (full or partial):

Collateral (duplicate for each; make entry, attachment or online link)

· Type (RE, vehicle, equipment, patent, precious metals, gems):

· Other Collateral (for down payment, increase LTV or reduce interest; Type, Location, Value):

· Address (include county):

· Estimated value (source; appraisal):

· Year (built, last renovated):

· Size (square feet / units):

· Purchase price:

· Date of purchase:

· Mortgage/Lien balances (statements and amortization schedules):

· Seasoning complete (if not, date):

· Pictures (number to sequence):

· Insurance policies (fire, theft, flood, loss, liability, etc):

· Other information (enhance value, clarifications):

Real-Estate-Specific Collateral (personal, commercial)

· New Purchase (LOI, Agreement, Contract):

· Zoning (Residential, Commercial, Mixed, Other - specify):

· Owner occupied (%):

· Occupancy (total %):

· Tenants (individuals, business & type, government subsidized, etc):

· Total Income (rents, vending, etc; annual):

· Total Expenses (taxes, insurance, maintenance, utilities, management, maintenance reserve, etc; annual):

· Net Operating Income (NOI - Income less Expenses; annual):

· Rent Roll (if tenant occupied; include extension/termination options, rent steps):

· Taxes (annual):

· Insurances (annual):

· Owners' Association (annual):

· Rent to Family Members (%):

· Historical occupancy (3 years):

· Historical sales per square foot (retail properties, 3 years):

Startups (if in business for less than 12 months; special category and documentation requirements)

· Business Type (real estate, technology, product, etc):

· Business Documents (see Documentation above):

· Location (virtual, home, office, facility; base address):

· Initial Funding (LOCs, credit cards, 2nd mortgages, F&F, suppliers, customers, associates, notes, seed, etc):

· Legal Structure (sole, partnership, LLC, Sub-S, C-Corp, non-profit):

· Trade Name:

· Govt Approvals (zoning, permits/registrations/licenses):

· Patents (submitted, approved):

· Initial Costs (inventory, deposits, equipment, real estate, office setup, accounting, hiring, etc):

· Business Costs (space, marketing, total payroll, prof services, insurances, vehicle, maintenances, travel, etc):

· Payroll Registrations (W2, 1099, work comp, disability; local, state, fed):

· Payroll Compliance (employees, independent contractors):

· Insurances (officers, fire, vehicle, liability, etc):

· Accounting System (method, software):

· Tax Identification:

· Personal Income Requirements (years 1, 2, 3-5):

· Professionals (attorney, accountant, bookkeeper, consultants):

· Groups (LinkedIn, Facebook, Meetup, clubs, chambers):