Loan Guarantee application document checklist
Terms and procedure
Write a business plan. A business plan is a requirement for banks to consider financing requests. The business plan should include an overview of the business, at least two years’ worth of projected financial statements, a repayment plan for the borrowed funds, the resumes for all owners and a breakdown of competitors and how your business will set itself apart from them. The experience and contacts in the financial world of expert consultants of SHENZHEN PING AN INTERNATIONAL FINANCE, allows us to maintain able to obtain the necessary financing of the investment portfolios of our clients.
1. Written explanation of loan request with amount, purpose, and repayment including terms requested.
2. * Completed and signed Application (enclosed).
3. * Signed Personal Financial Statement (within the last three (3) months) (enclosed).
4. * Signed Credit Authorization (enclosed).
5. * Signed Certification of Financial Statements (enclosed).
6. CPA Prepared Business Financial Statements for the last three (3) years (If requested by lender Bank).
7. (If Applicable) Projected monthly Profit and Loss Statement for remainder of current year and annually for the following three (3) years (include assumptions).
8. (If Applicable) Accounts Receivable and Accounts Payable aging reports.
* = Document included in this package. Click Download
When the Project is accepted and Approved, we send the application to the Investor Group and Lender Bank, for issue a formal Letter of Intent and other documentation that will signal the willingness of both parties to proceed with the terms and procedure.