EmailMeForm
ACQUISITION OF A HOTEL
.
"SEE ATTACHED" IS NOT AN ACCEPTABLE ANSWER. ALL FIELDS MUST BE COMPLETE.
Submissions that state “See Attached” or have missing information will be considered incomplete and applicant will be required to re-submit the form.
Enter all amounts in $USD.
Purchase Price of Business:
*
Enter all amounts in USD $ Only
Seller Note (if any)
Cash Equity from Buyer:
*
Down Payment
Loan Request:
*
Personal Credit Scores of the Buyer(s):
*
Is the Buyer:
*
Individual
Existing Company (LLC, Corp, etc)
Other (please explain)
Does the buyer have direct experience with respect to the type of business being acquired and if so for how long?
Questions Pertaining to the Company to be Acquired
What does the Company do?
*
Please select
Manufacturer
Wholesale/Distributor
Service Industry (hotels/restaurants/etc)
Retail
Professional Services
Storage Units
Other
If company is a Rental Property, please return to the applications page and complete the appropriate application.
Briefly describe the nature of the business:
*
Where is the company to be purchased located?
*
City/Town
State/Region
Country
Year company began:
*
Total Accounts Receivable now:
*
Accounts Receivable over 90 days old:
*
Total Accounts Payable now:
*
Total Accounts Payable over 90 days old:
*
Approximately how much is billed per month?
*
Credit terms extended:
*
30 days, etc.
Is the business seasonal?
*
Yes
No
What % of sales are performed under contract with progress billing?
*
What % of customer base is outside U.S.A?
*
What is the current company net worth?
*
Estimate the liquidation value of Inventory (excluding work in progress):
*
Estimate the liquidation value of Equipment if it were liquidated:
*
furniture and telephone/computer equipment is not acceptable collateral
If the equipment has been appraised, for how much?
If no appraisal, leave blank
Type of Appraisal:
Please select
FMV (Fair Market Value)
OLV (Orderly Liquidation Value)
FLV (Forced Liquidation Value)
No Appraisal
Date of Appraisal
If no appraisal, leave blank
Appraised/Estimated value of business owned Real Estate:
*
Estimated value of any other business assets:
*
Total secured debt (including mortgage) against company now:
*
Does any customer account for more than 25% or A/R?
*
Yes
No
2023 Revenue:
*
2023 Net Income:
*
2022 Revenue:
*
2022 Net Income:
*
2021 Net Income:
*
2021 Revenue:
*
This year's projected sales volume:
*
Amount of backlogged orders now:
*
Is the business currently making money?
*
Yes
No
If making money, for how many consecutive months?
if not making money, enter 0
Does the business have accountant prepared financial statements?
*
Yes
No
If so, when does the accounting year end?
What type of statement?
Select One
Audited
Reviewed
Compiled
No Statements Available
Who does the company typically sell products/services to?
*
Why is the business being sold?
*
Additional Comments that could be relevant for a lender's consideration, if any:
Optional File Upload
ALL QUESTIONS MUST BE ANSWERED
Submissions that state “See Attached” or have missing information will be considered incomplete and applicant will be required to re-submit the form.
Resumes
Personal Net Worth Statement (PNW)
Detailed Budget
Real Estate Owned Schedule (REO)
3 Years Personal Tax Returns of the borrower
Other
Signature
Name of person completing form:
*
Phone:
*
Email:
*
Confirm
Person completing the form is:
*
Broker
Principal Borrower(s)
Other
Referral Information (if applicable)
Name of person who referred you to us:
Email of person who referred you to us:
Account Executive (if applicable)
If you have been assigned an Account Executive (other than the person who referred you), please enter their email here.