Loan Checklist!!
In order to evaluate the viability of your proposal, whether you are seeking a loan or venture capital, please send us the following information about you, the franchise or company you own or are planning to purchase. We will review this information and advise you if additional details are necessary. If, in our judgment, your probability for obtaining funds is good, we'll forward your package to our Lending Source who will be in contact with you as the submission process is begun.
There is no submission fee or other payment required from you.
Our sources are prepared to service only businesses based in the United States.
- Breakdown of how much money you will need and for what it will be used.
- Business plan (if available) or a short summary of who you are, what you do and how you will repay the loan.
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Current financial statements including accounts receivable an aging of your payables and a repayment schedule of any notes payable.
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3 years of tax returns on the business (if and ongoing concern).
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Personal financial statements, resumes and three years tax returns on all owners of the business.
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If you need to refinance existing debt, we will need to see copies of the existing note and your most recent loan payment statement.
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If you are buying a business, we will need a copy of the buy/sell agreement.
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One to two years of profit and loss projections and a statement of assumptions.
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The Franchisor's Uniform Franchise Offering Circular and Franchise License (if applicable).
Please send the information listed above to:
The Franchise Doctor
1010 Huntcliff, Suite 1350
Atlanta, GA 30350
If you have any questions please call us at:
(770) 587-2538
Email Address: Loans@franchisedoc.com
For details on how to submit your proposal, Click Here:
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