Quote Originally Posted by ABC2016 View Post
What’s going on with these banks having laundry lists full of stips.. a buddy of mine sent a deal to them for me and gives me this list of stips for a 20k deal


As requested, attached is the contract and COJ(s) for this deal. Please note new address for COJ

Please return signed with a clear copy of:

-Drivers License(s)
-Voided Check
-Contact information for merchant (email, phone number)
-Credit Card Statements (If any)

We will also need the following:
1. signed 8821 forms for deals $50k +
2. BL
3. Lease & LL contact
4. financials & AR contacts
5. pictures of location, signage, inventory, etc
6. EINs for all active entities
7. Proof of ownership

Please return signed and notarized COJ(s) to:

90 Broad St, Suite 16
New York, NY 10004
The only thing that looks controversial on there are the financials and A/R. But I doubt TVT needs the financials. That was just a standard cut and paste list.

As for A/R, TVT puts a ton of weight into them. That’s their thing. But if the A/R is strong, you may get an increased offer.