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So you have decided to seek debt financing for your business venture. Private and government lenders require detailed information from prospective borrowers. To assist you in putting your best foot forward, following is a checklist of information and documents to be included in your loan package:

_____	A summary description of the business, its financial history, financial needs and management.
_____	Information concerning the industry in which the business operates or intends to operate.
_____	A description of the company's current products or services and those under development, the market for the company's products or services, the company's marketing strategy, and details about the company's competition.
_____	For production and manufacturing companies, a listing of the raw materials used and the cost thereof, suppliers, inventory and utilities.
_____	A description of the company's physical facilities and lease arrangements.
_____	Information concerning the company's workforce.
_____	Audited financial statements for the past three to five years, and the latest unaudited financial statements.
_____	Projections of earnings for the next year.
_____	A listing of the status of the company's accounts receivable and accounts payable.
_____	A list of the company's collateral being offered as security for the loan, with an estimate of the current market value of each item.
_____	An organizational chart, resumés and background information concerning key management, and information regarding the stock ownership of key management.
_____	Copies of the companies articles of incorporation, bylaws, corporate resolutions, and pertinent legal agreements.
_____	A summary description of the company's insurance coverage.
_____	A list of the names and addresses of the company's existing lenders, attorneys, accountants, and consultants.
_____	A summary of the amount of the loan that is being requested and the uses to which the borrowed funds will be applied.
_____	A proposed payback schedule.