1. Startup Business Requirements

• Business Plan - Include market studies if available
• Three year profit & Loss Projection
• Principal's equity contribution
• Resume of key management personnel
• Description of collateral offered

2. Existing Business

• Business Plan or Summary
• Income Tax Returns for the past three years
• Pro-forma Profit & Loss for the next three years (include financing)
• Purpose for proceeds
• Description of collateral offered

3. Investment Profile

• $50,000 - $500,000 Preferred
• Equity position must be less than 50%
• Term of 5 to 7 years maximum, 4 years minimum

4. Type of Industries Distribution

• Wholesale and Distribution
• Retail · Services
• Transportation
• Manufacturing

5. Fees and Charges

• Application Fee (Always required)
• Commitment Fees (Depends on type of financing)
• Appraisal Fees (Where applicable)
• Closing Fees (Approx. 2 % of the amount financed)
• Environmental Impact Fees (Where Applicable)

Updated June 2000