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For loan consideration, Clients will need to provide extensive information. Include supporting documents. It is beneficial in our analysis and reduces the time until closing if the information provided to us is detailed and organized. It is better to provide more information and details than less. The package should be laser printed, organized, bound, and tabbed. Make sure any copies of articles, or other documents are clear and readable.

GENERAL

* Detailed explanation of purpose of loan.

* Dollar amount required. Include breakdown of intended use of funds - e.g. inventory purchases, machinery and equipment, leasehold improvements, etc.

* List collateral, estimated value, purchase price, and construction date.

* Description of plan to repay the loan. Include time-frame and sources of funds.

HISTORY OF BUSINESS

* History and nature of business: include 3 - 5 years of past financial statements (showing the most recent 2 years on a monthly basis) and tax returns with all schedules, A/R and A/P aging schedules, and reports on any contracts in progress.

* Ownership structure: list the principles and their percentages of ownership.

* Legal structure: proprietorship, partnership, or corporation.

ADDITIONAL FINANCIAL INFORMATION

* Cash flow projections (monthly) for at least three years with written rationale.

* Personal tax returns with all schedules for the past three years.

* Personal financial statements of borrowers.

BUSINESS ACTIVITY

* Type of business.

* The outlook concerning the industry.

* Company's growth strategy. (Rapid, moderate, surviving, ...)

* External factors which could impact the industry. (Regulatory, economic, technological, ...)

MANAGEMENT

* Names and functional responsibilities of key management.

* List of professional advisors.

* Management's resumes.

MARKET INFORMATION

* Products and pricing.

* Competition and key competitive factors.

* Market area and demographics.

* Main customers and selling terms.

* Major suppliers and their selling terms/agreements with you.

PRODUCT IMPROVEMENT and/or DEVELOPMENT

* Status of any research and development.

* Projected product improvement.

* Risks and costs related to the above.

MANUFACTURING PLAN

* Facilities and/or improvements needed and the costs associated with them.

* Production strategy and plans, including production organization and personnel.

* Projected changes in inventory control, purchasing or other production-related activities.

ADDITIONAL DOCUMENTS

* Property and equipment appraisals.

* Lease, or franchise agreements.

* Color pictures of facility (inside and out).

* Description of property, facility, and surrounding neighborhood.

* Location map

CHRONOLOGY OF ACTIONS TO BE TAKEN

* The timing and amount of new debt or new equity to be raised.

* Any renovations, expansions and installation of equipment and machinery.

* The completion of any research and development.

* The implementation of marketing strategies.

* Risks and costs associated with the above.

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