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*** Executive Summary ***
When submitting a project for the initial review, we need the company’s current balance sheet (no older than 30 days) and a one-page summary that provides some basic information. The summary can be written in “bullet form” without complete sentences. Be very clear and concise when stating details and leave out speculative information and sales hype. Give us the facts of whom we are dealing with, and what you are trying to accomplish.
1. Name of the business, owners, and location. 2. What is the funding request? What will it be used for? Provide detail. 3. What product, or service is being sold? 4. How much cash is invested in the project by the current owners? How much cash is still available? 5. What is the owners’ equity portion? How much cash are the principals investing compared to the total amount of the project? 6. What is the collateral? 7. Who are the creditors? How much debt does the company have and to who? 8. What do the past financial statements indicate? 9. What do the cash flow projections state? What are these projections based on? 10. Does the management team have a track record in the industry? What is it? What were their successes? What were their failures? 11. What is the current credit condition of the owners, and the business? 12. Are there any customer contracts? With whom? For how long? Percentage of sales volume? 13. Is there a current 3rd party property appraisal? Is there a current 3rd party business valuation? 14. How long has the deal been shopped around? To Whom else? 15. What are the your expectations of finance terms, or exit strategy?
Email the above information with your answers today to theprojectcorp@msn.com .
Upon favorable review of the summary, we will request the complete funding package. Submitted business plans must be laser printed, tabbed, and bound. Faxes, copies, and e-mails are not acceptable. When the funding package is complete and acceptable it will move to the Underwriter.
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