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Section I. The Business
- Name and address, telephone numbers, facsimile number, contact person
Section II. Requested Financing
- Describe type of financing required. (loan, equity, credit line, other)
- How are the proceeds to be used? (machinery, equipment, remodeling, inventory)
- What is the total amount of the project for which the financing is requested?
- Primary source of repayment or exit strategy
- Describe benefits to your business if financing is approved.
Section III. History and Ownership
- History and nature of your business
- Ownership structure
- Key management description and competence (attach resumes)
- List of professional advisors (attorneys, accountants, etc.)
Section IV. Products and Market
- What are the company's products?
- Who are the competitors?
- What is the market area?
- Who are your major customers?
- Who are your primary suppliers?
- What is your Union relationship?
- Describe your current facilities and locations.
Section V. Personal Financial Information
- Provide personal financial, statements of stockholders with 10% or more ownership.
- List of all collateral to be pledged and recommended lien position.
Section VI. Business Financial Information
- Financial statements for the last three years. (balance sheets, profit and loss statements).
- Three years of financial projections following the proposed financing
- List any bank commitment obtained, if applicable.
- Attach letters of rejection from any lender
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