| Loan Worksheet for Acquisition Of Operating Company
Fisher Enterprises Loan Worksheet Page One
ACQ
Buyers Name__________________________________________
Buyers Address________________________________________
City__________________________
State________________________
Zip Code____________
Contact Name__________________________
Title ________________
Business Number______________________
Fax Number __________________________
[ 1 ] purchase price of business $ ___________________
[ 2 ] any note to be held by seller $ _________________
[ 3 ] amount of cash contribution by buyer $ ___________________
[ 4 ] loan amount requested $ __________________________
The 3 personal credit of the buyer are: _______ _______ _______
Does the buyer have experience in operating the type of business being acquired and if so explain?
Is the buyer and individual or business?__________________________________
The remainder of this worksheet is to be completed in reference to the company to be acquired:
Company Name________________________________________
What does this company do? Manufacturer _____ Wholesale/distributor _____
Service Business _____ Retailer _____ Other :
Company Address________________________________________
City _______________________________________
State ______________________
Zip Code _________________
This years Projected Sales Volume $_____________________
Last Years Sales Volume $_______________________
Year Company Began_________
Total Accounts Receivable Now $ __________________
Accounts Receivable over 90 day old $__________________
Approximately how much is billed per month $_________________
Credit terms extended to customers ( ie net 30 days etc.)______________
Is the business seasonal? ________________________
What % of sales are performed under contract with progress billing? _________%
What % of customer base is outside U.S.? ____________%
What is current company net worth? $_______________________
Estimate the liquidation of the company inventory [exclude work in progress] $______________________
Estimate the liquidation value of the equipment $______________
(Note - furniture and telephone/computer equipment is not acceptable collateral)
If equipment has been appraised, what is the appraised value? $___________________
What type appraisal was done? 1] fair market value (FMV)_____ 2] orderly liquidation value (OLV) _____ or3] forced liquidation value (FLV) ) _____
When was the equipment appraisal done? _________________
Appraised /estimated value of business owned Real Estate $___________
Estimated value of any other business assets $______________________
Total secured debt against company now $_____________________
Does any customer account for more than 25% of A/R? yes ___ no ___
If yes to above please explain _____________________________________
2017 Revenue $ __________________2017 net income $ __________________
2016 Revenue $ __________________ 2016 net income $ ___________________
2015 Revenue $ __________________ 2015 net income $ ___________________
Amount of backlogged orders now $________________________
Is the business currently making or losing money? yes ______ no ________
If yes to above, how many months of consecutive profitability ? _______
Are there accountant prepared financial statements? yes ____ no ____
If so when does the year end? ____________________
What type statement (audited, reviewed, compiled) ________________
Who is the company typically selling to?
Additional Comments if any:
______________________________
Signature of authorized representative
______________________________
Print Name and Title
_______________________
Date
Fisher Enterprises LLC
322 Central Park West, Penthouse, New York, New York 10025
Phone 800-275-3968
Loan Worksheet for Acquisition of Rental Property
Page 1 of 3
Buyer Name ______________________________________________
Buyer Address _____________________________________________
City ____________________ State __________Zip Code ___________
Contact Name _______________________ Title __________________
Business Number ________________ Fax Number ________________
Email Address ________________________________
Purchase Price $_______________________________
Cash contributed by buyer $_____________________________________
Any note amount held by seller $_______________________________
Loan request $_____________________________________________
Personal credit scores of buyer ______ ______ ______
Is buyer an existing company/Business or an individual? ___________
The following questions pertain to the property to be acquired:
Property address _____________________________________________
City____________________ State __________________ Zip__________
Page 2 of 3
Acquisition of Rental Property
Property Description How many acres? ______
Building square footage? ____________
How many stories? _______________
When Built? __________________
Wood Frame, Steel, Brick etc.? ________________
Percentage Owner Occupied? ______________
Percentage Rented or Leased? ______________
Percentage Office Space? __________________
Percentage Warehouse Space? ________________
Percentage Retail Space? ________________
Percentage Apartments? _____________________
Percentage Condominium? ____________________
Percentage Light Industrial Space? _______________
Percentage Other? ______________________________
Current ‘As Is’ value of property (if different from purchase price)? ________________
Total mortgage(s) against property now $ __________________________________
If the property to be acquired is income producing please indicate annual revenue and net income numbers below:
2017 Revenue $ __________________2017 net income $ __________________
2016 Revenue $ __________________ 2016 net income $ ___________________
2015 Revenue $ __________________ 2015 net income $ ___________________
Is property currently profitable? __________________________________________
If so, for how many consecutive months? _________________
Does seller have accountant prepared financial statements on property to be sold? ____
If so, when does their year end? __________________________________________
Page 3 of 3
Acquisition of Rental Property
What type of statement (audited, reviewed, compiled) __________________________
Are tax returns available relative to the property to be acquired? __________________
What type of past experience does buyer have relative to operating this type of property, if any?
Are there any existing tax liens or judgments on the property or borrowing entity?
Have there been any personal or business bankruptcies relative to this property within the last seven years?
Additional Comments, if any:
____________________________________
Signature of buyer or authorized representative
____________________________________
Print Name and Title
________________________
Date
Fisher Enterprises LLC
322 Central Park West, Penthouse, New York, New York 10025
Phone 800-275-3968
Loan Worksheet Page 1 of 3
Refinance of Rental Property Attn:
Borrower Name ______________________________________
Borrower Address _____________________________________________
City______________________________ State _______ Zip Code_______
Contact Name _____________________________ Title _______________
Phone Number ____________________ Fax Number _______________
Email Address ___________________________
Property address _____________________________________________
City____________________ State __________________ Zip__________
How much capital is borrower seeking?
What is the purpose of the loan?
Appraised/estimated current ‘as is’ value of commercial real estate being offered as collateral $________________________________
Credit scores of principal(s)? ______ ______ ______
Loan Worksheet Page 2 of 3
Refinance of Rental Property
Property Description How many acres? ______
Building square footage? ____________
How many stories? _______________
When Built?__________________
Wood Frame, Steel, Brick, etc? _______________
Percentage Owner Occupied? ______________
Percentage Rented or Leased? ______________
Percentage Office Space? __________________
Percentage Warehouse Space? ________________
Percentage Retail Space? ________________
Percentage apartments? _____________________
Percentage Condominium? ____________________
Percentage Light Industrial Space? _______________
Percentage Other? ______________________________
Mortgage(s) against property now $ ___________________________
Monthly payment on mortgage(s)? $___________________________
Is borrower current on mortgage payments? _____________________
2017 Revenue $ __________________2017 net income $ __________________
2016 Revenue $ __________________ 2016 net income $ ___________________
2015 Revenue $ __________________ 2015 net income $ ___________________
This years projected company revenue $ ____________________________
Is borrower currently making or losing money? _______________________
If making, for how many consecutive months? ____________
Loan Worksheet Page 3 of 3
Refinance of Rental Property
Does borrower have accountant prepared financial statements? _________
If so, when does the accounting year end? ____________________
What type statements (audited, reviewed, compiled) ___________________
Are there any existing tax liens or judgments on the property or borrowing entity?
Have there been any personal or business bankruptcies relative to this property within the last seven years?
Additional Comments, if any:
Signature of Borrower
________________________________________
Print Name ___________________________________________
Date ____________________________________
Fisher Enterprises, LLC
322 Central Park West, Penthouse, New York, New York 10025
Phone 800-275-3968 Fax 212-223-0104
Loan Worksheet for Real Estate Development Page 1 of 2
Borrower Name ______________________________________
Borrower Address _____________________________________________
City______________________________ State _______ Zip Code_______
Contact Name _____________________________ Title _______________
Phone Number ____________________ Fax Number _______________
Email Address _________________________________________
1] Brief description of the nature of the project
2] City/Town and State in which the project located____________________________
3] How much financing is being requested?
4a] How much capital have the principals put into the project to date?
4b] Specifically how were those funds allocated?
5] How much capital can the principals put into the project going forward?
6] What is the estimated completion value of the project?
7] What is the current “as is” value and/or purchase price of the land?
8a] Are there any mortgages/liens against the land? Yes ______ No _______
8b] If there are mortgages/liens against the land, what amount? $_______________
Loan Worksheet Page 2 of 2
Construction Projects
9] Is the land on which the project is to be constructed currently owned by the principals?
10] Do the principals have all necessary state, city and other government approvals already in place?
11] Brief background on principals describing their experience:
12] What is the total project cost?
13] We need a specific breakdown of how these funds will be used:
14] Credit Scores of principal(s) _______ _______ _______
_______ _______ _______
Additional Comments, if any:
________________________________________
Signature of Borrower
________________________________________
Print Name
__________________
Date
Fisher Enterprises LLC www.FisherEnterprisesLLC.com
322 Central Park West, Penthouse, York, New York 10019
212-223-1044 Fax: 212-223-0104 Toll Free: 800-275-3968
Loan Worksheet Page 1 of 2
Land Acquisition
Buyers Name ______________________________________
Buyers Address _____________________________________________
City______________________________ State _______ Zip Code_______
Contact Name _____________________________ Title _______________
Phone Number ____________________ Fax Number _______________
Email Address _________________________________________
If there is going to be construction on the subject property in the immediate future, DO NOT fill out this worksheet, but rather ask for and complete our Construction Worksheet
1] Briefly describe the property (including acreage, rural/urban, mining rights, etc.)
2] City/Town and State where Property is located _____________________
3] What is the purchase price of the land? $__________________________
4] How much is the borrower contributing towards the purchase price? $_________________
5] Amount of seller held financing (if any)? $_______________________
6] How much capital borrower is seeking? $________________________
7] The personal credit scores of the borrower(s) are: ______ ______ ______
8] Appraised/estimated current ‘as is’ value of the land (if different than purchase price) being offered as collateral $________________________________
Fisher Enterprises LLC www.FisherEnterprisesLLC.com
Loan Worksheet Page 2 of 2
Raw Land Acquisition
9] Are there any mortgage(s) or liens against property now?
10] Mortgage(s) against property now $ ___________________________
11] Monthly payment on mortgage(s) $___________________________
12] Does borrower own any other properties?
13] If so, we need a brief description of property type (i.e. residential or commercial) and the ‘as is’ market value of the property(s)?
14] If there are any mortgages against such properties we need to know for how much?
15] Is the borrower and individual or company/business?
16] Is the land permitted and/or approved for building?
17] Are there any existing tax liens or judgments on the property or borrowing entity?
18] Have there been any personal or business bankruptcies relative to this property within the last seven years?
Additional Comments, if any:
______________________________________
Signature of Borrower
________________________________________
Print Name
__________________
Date
Fisher Enterprises LLC www.FisherEnterprisesLLC.com 322 Central Park West, Penthouse, New York, New York 10025 212-223-1044 Fax: 212-223-0104 Toll Free: 800-275-3968
Land Refinance Page 1 of 2
Borrower Name ______________________________________
Borrower Address _____________________________________________
City______________________________ State _______ Zip Code_______
Contact Name _____________________________ Title _______________
Phone Number ____________________ Fax Number _______________
Email Address _________________________________________
If there is going to be construction on the subject property in the immediate future, DO NOT fill out this worksheet, but rather ask for and complete our Construction Worksheet
1] Briefly describe the property (including acreage, rural/urban, mining or water rights, etc.)
2] City/Town and State where Property is located _____________________
3] Briefly describe how much capital borrower is seeking? ________________________
4] What is the proposed use of the funds to be borrowed?
5] The personal credit scores of the borrower(s) is: ______ ______ ______
______ ______ ______
6] What is the appraised/estimated current ‘as is’ value of the land being offered as collateral? $________________________________
7] Are there any mortgage(s) or liens against property now?
8] What is the amount of mortgage(s)/lien(s) against property now $______________________
Loan Worksheet Page 2 of 2
Raw Land Refinance
9] Monthly payment on mortgage(s)? $___________________________
10] Is borrower current on mortgage payments? ____________
11] Does the borrower own any other property(s)?
12] If so, what is the ‘as is’ value of other property(s)?
13] Brief Description of other property(s) (i.e. residential or commercial etc)?
14] Amount of any mortgage(s) against other property(s)?
15] Is the borrower and individual or business/company?
16] Is the land permitted and/or approved for building?
17] Are there any existing tax liens or judgments on the property or borrowing entity?
18] Have there been any personal or business bankruptcies relative to this property within the last seven years?
Additional Comments, if any:
_______________________________________
Signature of Borrower
________________________________________
Print Name
__________________
Date
Fisher Enterprises LLC www.FisherEnterprisesLLC.com 322 Central Park West, Penthouse, New York, New York 10025 212-223-1044 Fax: 212-223-0104 Toll Free: 800-275-3968
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