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A letter describing the purpose for which the credit funds will be used and the amount of credit requested. |
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Information regarding real estate or equipment that will be acquired/refinanced. |
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Detailed information about equipment and the seller and their contact information.* |
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Business plan with discussion of details regarding the development of the company and its financial aspects.** |
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Projections of revenues and earnings. For a startup business, please, show a two-year projection on a month-by-month basis in Excel format. Please, make sure to show underlying assumptions. |
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Management Resume to be completed by all principals and key managers. |
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Business History |
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Personal Financial Statements to be completed by all principals and spouses (the form will be provided) |
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Personal Tax Returns for the last 3 years for all individuals providing Personal Financial Statements. |
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Business Tax Returns for the last 3 years |
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Income Statement, Balance Sheet, and Statement of Cash Flows for previous three years and year-to-date including explanatory notes to all financial documents |
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Schedule of existing debt |
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Confirmation that your company has its own funds or borrowed funds available in the required amount and the statement of source of cash. |
