| Documentation Required |
| •
Accounts receivable aging. |
| • Accounts
payable aging. |
| • 3 Y/E
financial statements. |
| • Latest
interim statement. |
| • Information
on the use of proceeds. |
| • Personal
financial statements. |
| • 3 years
tax returns. |
| • Inventory
schedule. |
| • Pro forma
financial statement. |
| • Latest
statement of loan (where applicable). |
| • Bank references. |
| • Trade
references. |
| • Detailed
equipment breakdown (model, manufacturer, features, age, value). |
| |
| Special Notes |
| Accounts Receivable Advance:80-90%
of eligible A/R over 90 days past due will be discussed. |
| Inventory Advance:50% of eligible inventory LESS work in
process. |
| Equipment: Advance rate between 50-70% of Liquidation appraised
value. |
|
|
| An executive summary and the above data will begin the review
process. |
| |