LOAN INFORMATION
Amount Needed Type of Loan
term loan
line of credit
mortgage loan
SBA?
No
7a
LowDoc
Fa$Trak
504
will consider
Purpose of loan
purchase real estate
working capital
finance receivables
finance inventory
finance purchase orders
purchase equipment
business expansion
purchase a business
refinance real estate
prevent foreclosure
Collateral
real estate
equipment
accounts receivable
inventory
purchase orders
other
How will the loan proceeds be used
(please be specific)
If you have tried to get this loan
on your own, what have lenders told you?
Equipment Loan
Information:
Describe the equipment
Who is the manufacturer
What is your cost How many units are
you buying
Will you consider
leasing instead of buying yes,
I prefer a lease; yes, I
will consider a lease; no,
I want a loan
Mortgage Loan
Information:
Type of property
apartment
church
industrial
land
office
retail
special purpose
warehouse
year built
or construction loan request
Describe the property
(e.g. # units, # floors, type of construction, parking
spaces, etc.)
Describe the
surrounding area (how similar / dissimilar to this property)
Is the condition of
this property new excellent good fair poor
Is this a purchase; a refinance; a cash
out refinance; or a distressed
situation
(original) cost market value current appraisal
(w/in 3 mos.) yes no
If refinance, existing
trusts: 1st
2nd 3rd
& others
BUSINESS
INFORMATION
How old is your business How
long have you owned it
How long have you worked in this
industry
Describe what your business does
CREDIT
INFORMATION
The owner(s) credit is
(select more than one if multiple owners with different
credit qualities)
excellent good fair poor bankruptcy or charge-offs
The financial results
of the business are: (check all that apply)
currently the
business is profitable breaking even losing money
last year the
business was profitable broke even lost money
2 years ago the
business was profitable broke even lost money
3 years ago the
business was profitable broke even lost money
the business' cash
flow is strong marginal weak
the debt load carried
by the business is light moderate heavy
Thanks for completing
this profile. It will enable us to understand your needs and
determine possible ways for us to approach your particular
situation. We look forward to responding to you.