We help you to identify the required loan transaction. We provide you for your approval a proposal of estimated terms and conditions.
We search for the right lender for the transaction. The right lender may differ depending on the transaction.
We help in negotiation of the transaction with the lender. We provide the lender with a proposal of estimated terms and conditions; present to them your information; manage their comments; and move the process forward to a loan commitment and closing.
We handle many types of transactions involving:
Size: $200,000 to $10,000,000.
Purposes: acquisition of real estate, equipment, or goodwill; refinancing, cash out, partner buyout, restructuring debt, factoring accounts receivable, financing inventory.
Types: real estate mortgages, equipment loans, equipment leases, asset-based lines of credit, factoring lines of credit, conventional or hard money loans, SBA 7a and SBA 504 loans, USDA B&I loans, seller notes and and mezzanine loans.
We need information to help you; and request the following on a confidential basis:
Contacts: Borrower, Guarantors, CPA, Attorney, Contractor, Lenders, Seller, Brokers.
Financials: Three years financial statements of Borrower (Buyer), affiliates and subsidiaries; Seller.
Bank Statements & Sales Tax Reports: Last 3 months.
Credit Score: for all owners of the Borrower; available for free
Interim financial statements: Borrower and affiliates less than 60 days old.
Equity sources; provide Proof of Funds; names, amounts, description and timing.
Product and service lines: brochures, website, references.
Resumes: all principals and key management.
Personal: financial statements, credit reports, life insurance policies, history of all principals.
Personal tax returns for the last three years, of all principals; permission to order credit reports.
Corporate tax returns for the last three years.
Projections: Two years’ financial projections (includes balance sheet, P&L and cash flow statements), projected monthly for first 12 months, then annually for second year.
Accounts Payable and Accounts Receivable Aging coinciding with the interim financials.
Leases of Real estate and Equipment: copies of all existing and proposed leases.
Inventory: Report showing breakdown of inventory by amount and category.
Accounts Receivable: Report showing breakdown of accounts receivable by amount and client.
Equipment appraisal; appraisal, STR report.
Real estate: tax bills, pictures, appraisal, survey, title policy, EPA Phase 1 or 2, Legal Description.
Project: budget, plans, specifications, contracts, contractor’s background, surety bond and financials.
Contracts: Real Estate Purchase Contract, Broker Agreement.
Purchase Equipment: Quotes on machinery, equipment, furniture, fixtures to be purchased.
Intangibles & Investments: Description and valuation of all intangibles and investments.
Refinance of Debt: Notes (copies) to be refinanced, bank statement.
Debt Schedule to include: Lender, original balance, current balance, escrow balance, rate of interest, total monthly payment, maturity date, collateral, payment status.
Franchises: Franchise agreement and statistical data on the performance of the franchise.
Rentals: Rent roll (historical/projected) and current/proposed lease agreements.
Employees: List of existing and proposed employees by position, title, and wage rate.
Project: Marketing or feasibility study.
Corporate Structure: Articles of incorporation, By-Laws, LLC or LLP Operating Agreement, Corporate Resolutions, Ownership Breakdown.
Note: Yes, that is a lot! But you get a lower rate and fee with higher quality of information.
Patrick J. Tracy
Debt XYZ LLC
404-216-3106 tel
404-237-5511 fax
1119 Bonview Lane
Atlanta, GA 30324
We search for the right lender for the transaction. The right lender may differ depending on the transaction.
We help in negotiation of the transaction with the lender. We provide the lender with a proposal of estimated terms and conditions; present to them your information; manage their comments; and move the process forward to a loan commitment and closing.
We handle many types of transactions involving:
Size: $200,000 to $10,000,000.
Purposes: acquisition of real estate, equipment, or goodwill; refinancing, cash out, partner buyout, restructuring debt, factoring accounts receivable, financing inventory.
Types: real estate mortgages, equipment loans, equipment leases, asset-based lines of credit, factoring lines of credit, conventional or hard money loans, SBA 7a and SBA 504 loans, USDA B&I loans, seller notes and and mezzanine loans.
We need information to help you; and request the following on a confidential basis:
Contacts: Borrower, Guarantors, CPA, Attorney, Contractor, Lenders, Seller, Brokers.
Financials: Three years financial statements of Borrower (Buyer), affiliates and subsidiaries; Seller.
Bank Statements & Sales Tax Reports: Last 3 months.
Credit Score: for all owners of the Borrower; available for free
Interim financial statements: Borrower and affiliates less than 60 days old.
Equity sources; provide Proof of Funds; names, amounts, description and timing.
Product and service lines: brochures, website, references.
Resumes: all principals and key management.
Personal: financial statements, credit reports, life insurance policies, history of all principals.
Personal tax returns for the last three years, of all principals; permission to order credit reports.
Corporate tax returns for the last three years.
Projections: Two years’ financial projections (includes balance sheet, P&L and cash flow statements), projected monthly for first 12 months, then annually for second year.
Accounts Payable and Accounts Receivable Aging coinciding with the interim financials.
Leases of Real estate and Equipment: copies of all existing and proposed leases.
Inventory: Report showing breakdown of inventory by amount and category.
Accounts Receivable: Report showing breakdown of accounts receivable by amount and client.
Equipment appraisal; appraisal, STR report.
Real estate: tax bills, pictures, appraisal, survey, title policy, EPA Phase 1 or 2, Legal Description.
Project: budget, plans, specifications, contracts, contractor’s background, surety bond and financials.
Contracts: Real Estate Purchase Contract, Broker Agreement.
Purchase Equipment: Quotes on machinery, equipment, furniture, fixtures to be purchased.
Intangibles & Investments: Description and valuation of all intangibles and investments.
Refinance of Debt: Notes (copies) to be refinanced, bank statement.
Debt Schedule to include: Lender, original balance, current balance, escrow balance, rate of interest, total monthly payment, maturity date, collateral, payment status.
Franchises: Franchise agreement and statistical data on the performance of the franchise.
Rentals: Rent roll (historical/projected) and current/proposed lease agreements.
Employees: List of existing and proposed employees by position, title, and wage rate.
Project: Marketing or feasibility study.
Corporate Structure: Articles of incorporation, By-Laws, LLC or LLP Operating Agreement, Corporate Resolutions, Ownership Breakdown.
Note: Yes, that is a lot! But you get a lower rate and fee with higher quality of information.
Patrick J. Tracy
Debt XYZ LLC
404-216-3106 tel
404-237-5511 fax
1119 Bonview Lane
Atlanta, GA 30324