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11-29-2016, 04:20 PM #1
- Join Date
- Oct 2016
- Posts
- 4,318
Business and personal tax returns, previous and YTD financials, schedule of liabilities, AR & AP, personal financial statement. I'm assuming you'd need those. Anything else you guys use? Is there a specific DSCR target for consolidations? I can never quite figure out what a lender looks for in these.
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11-29-2016, 04:34 PM #2
- Join Date
- Aug 2015
- Location
- Boulder, CO
- Posts
- 755
Thanks for the question.
Here are the pre-qual docs we request:
1. P&L and Balance Sheet for 2014, 2015 and 2016 YTD (Actual Financials please, NOT tax returns. Quickbooks printouts are fine)
2. Expected Gross Revenue for the remainder of 2016 and 2017 (topline sales only)
3. Debt Schedule (attached) listing ALL debts for the business
4. Six months bank statements (more if you have them)
5. A brief description (a paragraph will do) about the client’s business and what they are seeking
6. Client Application
7. Credit (if you have it)
If it moves forward and we issue a proposal, we ask for more. But these docs allow us to determine if it is a fit for our funding model.
Thanks,
Dan Page
Direct: (303) 938-8280
dan@fundingstrategypartners.com
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