This platform was established to provide various lending opportunities for your clients who are business owners. We can work with C Corps, S Corps, LLCs, Partnerships, Sole Props, etc. We will underwrite both the company and the individual to determine the best means to secure the financing.
One of the biggest draws of this platform is that we strive to secure the money for life insurance (key man, deferred compensation, succession planning, estate planning, etc) in combination with other loans or capital that the business and/or business owner may currently be seeking.
What is Required For a Term Sheet
1.) Last 3 years of company financial statements
2.) Any interim financial statements
3.) Accounts receivable, accounts payable, and inventory aging reports
4.) 3rd party financial statement of the principal(s)
5.) Organization chart showing ownership percentages
Things to Consider
1.) Has the company been profitable over the last few years
2.) Are they currently highly leveraged
3.) Are assets of the company already pledged to secure debt?