APPLICATION DATE:1- Borrower Credit Score (where applicable):
2- Judgements or liens against company or its owner (If yes, please explain):
3- Pending law suits:
4- Outstanding loans (If yes, provide Name of Financial Institution, Current Interest Rate and Balance Owed):
5- Net Operating Income (when applicable):
6- Provide A Detailed Description Of Collateral:
7- Describe The Use Of The Loan Proceeds:
8- Should Applicant Is Interested In Investment Loan, Please State The Amount Requested (EUR), The Term Desired, And Also Describe In Detail The Purpose Of Loan.
9- Should Applicant Is Interested In Working Capital, Please State The Amount Requested (EUR), The Term Desired, And Also Describe In Detail The Purpose Of Loan.
10- Should Applicant Is Interested In Refinance Loan, Please State The Amount Requested (EUR), The Term Desired, And Also Describe In Detail The Purpose Of Loan.
11- Should Applicant Is Interested In EU Subsidy, Please State The Amount Requested (EUR), The Term Desired, And Also Describe In Detail The Purpose Of Loan.
12- Subtotal Amount Requested (31+32+33+34). Also State Total Amount (Subtotal+Your Own Contribution)
13- Collaterals: Real Property. Please, Describe Real Property Currently Owned and Price (Value). Also Describe Real Property Purchased After Loan Disbursement And Price.
14- Collaterals: Assignment Of Debt Claims. Please, Describe Assignment Currently Owned and Price (Value). Also Describe Assignment Purchased After Loan Disbursement And Price.
15- Collaterals: Machinery, Equipment, Means Of Transport. Please, Describe Machinery, Equipment, Means Of Transport, Currently Owned and Price (Value). Also Describe Those Purchased After Loan Disbursement And Price.
16- Collaterals: Warehouse Stock. Please, Describe Warehouse Stock, Currently Owned and Price (Value). Also Describe Warehouse Stock Purchased After Loan Disbursement And Price.
17- Collaterals: Guarantee/Surety. Please, Describe Guarantee/Surety, Currently Owned and Price (Value). Also Describe Guarantee/Surety Purchased After Loan Disbursement And Price.
18- Collaterals: "Other". Please, Describe "Other", Currently Owned and Price (Value). Also Describe "Other" Purchased After Loan Disbursement And Price.
19- Collaterals: Total Estimated Value Of Collaterals. Please, State Total, Currently Owned (Price ,Value). Also State Total Purchased After Loan Disbursement. Also State The Sum Of Both.
20- Please State If You Have A Business Plan. If No, State The Motive.
21- Please State Date of Starting Up (current) Business Activities.
22- Financial Result For The Last Trading Year. Please Describe (a) Turnover, (b) Income And (c) Loss.
23- Please State If You Have Applied For Financing During The Last 36 Month. If Yes Please Describe If Directly At Banks Or Via Financial Intermediaries.
24- Please State If Your Enterprise Has Any Liabilities Towards Banks. If Yes Please State The Amount Of Such Liabilities.
25- Please State If Your Enterprise Has Any Liabilities Towards Leasing Firms. If Yes Please State The Amount Of Such Liabilities.
26- Please State If Your Enterprise Has Any Overdue Receivables Towards The Counter-parties. If Yes Please State The Amount Of Such Receivables.
27- Please State If Your Enterprise Has Any Overdue Receivables Towards The Suppliers. If Yes Please State The Amount Of Such Receivables.
28- Please State If Your Enterprise Has Any Overdue Liabilities Towards Social Security Not Covered By Composition. If Yes Please State The Amount Of Such Liabilities.
29- Please State If Your Enterprise Has Any Overdue Liabilities Towards The Tax Office Not Covered By Composition. If Yes Please State The Amount Of Such Liabilities.
30- PROJECT APPLICANT/ OWNER/ BORROWER ( Each Applicant’s full name, current profession, address, Office telephone, Cell phone, Fax, Email, Website):
31- Is this the first time you are seeking financing for this project?. If "NO", when did you start seeking finance for your project?.
32- DESCRIBE YOUR PROJECT as an excerpt:
33- DESCRIBE THE COMPANY SEEKING FINANCE ( Its legal status: Corporation, LLC, Partnership, Inc., Limited Company, sole proprietor, other ), Name of legal entity, Name of project ( if chosen ), Legal location of company registration, Company registration no. ( if any ), Date company established, Location where company was registered:
34- CURRENT OWNERS or SHAREHOLDERS ( at the time of application ). Full Name and % of ownership:
35- COMPANY BOARD OF DIRECTORS, OFFICERS’ NAMES AND TITLE ( at the time of application ) :
36- MORE ABOUT THE PROJECT. Please describe it in detail Available land area
( specify measurements ). Is land zoned for your purposes?, If YES, state current type of zoning. Site Location and Address. Describe in your own words the current stage of project development, by ticking one or more of the following ( Start-up, no works done --or-- Some works done: studies / research. Describe approvals obtained and pending. Architectural layout made. Construction to commence. Works already completed ( Marketing feasibility study, Financial feasibility study, Business plan, Development Budget, Initial Outline Architectural Master Plan, Final Architectural master plan, Environmental impact study, Social impact study, Information Technology Survey, All other tests completed). Construction estimate. Quantity survey obtained. Should an architectural concept has been developed and plans are already
available. Should planning and building applications have already been submitted. Should layout plan of project is approved and received . Should planning and building application has been granted (date).
37- Has the land already been acquired?. If Yes, at what value?. State month / year of acquisition. If No, has a deposit secured the land site?. How much of a deposit has been paid?. If not acquired, has an option been secured?.
38- FINANCIAL INFORMATION ( EUR equivalent )
a. Total estimated project costs
b. How much of the above has been provided by the Shareholders as equity?
c. How much additional equity are you seeking?
d. How much loan capital are you seeking?
e. Are you contemplating using all or part of any future loans for any payments other than for your project?
NOTE – amounts in (b), (c) and (d) must total the amount in (a).
39- LOAN PERIODS. Please state your preferred loan period, (excluding existing and or additional equity requirements). Please tick only one option:
a. Less than 5 years ...
b. More than 10 years ...
c. In excess of 15 years ...
d. As long as possible ...
40- GUARANTEES / LITIGATION
(a) Shareholders’ personal willingness to issue “personal guarantees ”. Yes?
(b) Are there any outstanding litigation matters against the company, and / or its owners / officers. If YES, please describe.
41- DUE DILIGENCE
a. Are your shareholders prepared to submit to a due diligence investigation / procedure
b. Is there any information about the Shareholders / Investors / Directors / Project, which you do not wish to disclose in the future?
c. Are you prepared to disclose to us all sources which have been approached in the past for equity/ loans, for this project?
d. Do any of your current shareholders intend to serve in a future management role in your project?
e. Have you any objections to a number of brokers / sources being involved in locating finance?
42- LOANS
a. Are there any past outstanding loans to repay from the loan(s) you are seeking?. If Yes, please describe the type of loans in detail:
b. Do you seek equity ( in addition to a loan )?
d. How much do you seek?
-- Loan EUR :
-- Equity EUR:
43- CAPITALISATION ( Please calculate the total of your project costs ). Please indicate “ your current situation ” and expectations of financing in percentage distribution terms:
a. We have already equity invested (%)
b. We intend to increase our equity in (a) by (%)
c. We have additional cash deposits on hold, amounting to (%)
d. We seek “ to borrow ” in total (%)
TOTAL 100%
44- BORROWER / APPLICANT / OWNER’S - PAST DEVELOPMENT COSTS
a. What is the total expenditure ( in summary ) to date which you have incurred for this project development ?
b. What are the matters covered in the above ( Studies, land acquisition, tests, surveys , Governmental Clearances , Architectural Drawings, etc.)
45- DESCRIBE IN DETAILS, THE USE OF LOAN PROCEEDS AND/OR PURPOSE FOR WHICH EQUITY SOUGHT.
46- Please provide documents confirming your company legal status, authorising to pursue business activities.
47- Please provide description of the business activities and the business prospects during the term of financing.
48- Please provide Information concerning each applicant’s assets.
49- Please provide the financial statements for the last two full years and for the ended months of the current year.
50- Please provide the list of receivables and liabilities.
51- Please provide opinions from other banks and financial institutions rendering services to the applicant and relating to the balance and timeliness of repaying financial liabilities owing to them by the applicant.
52- Please provide the statement on the balance of tax liabilities towards the state treasury.
53- Please provide the title deeds and the signed lease or rent agreements covering the business locations.
54- Please provide the signed contracts for sales of properties or services.
55- Please provide documents pertaining to the planned investment project:
(a) Business plan,
(b) Technical characteristic of the investment project,
(c) The investment project’s feasibility study,
(d) Construction permits for the investment project,
(e) Other permits and licences of the relevant authorities required for the investment project’s purposes,
(f) The study of the investment project’s environmental impact,
(g) Other documents connected with the investment project, required for the realization thereof.
56- Please provide the documents concerning the proposed loan legal collateral:
(a) Copies of entries to the land and mortgage registers of properties owned by the applicant.
(b) The list of fixed assets that may represent collateral.
(c) The list of warehouse stock that may represent collateral.
(d) The list of contracts that may represent the subject-matter of assignment for collateral purposes.
(e) The list of insurance agreements that may represent the subject-matter of assignment for collateral purposes.
This is the last step before the Loan Commitment or the Partnership Commitment or the Joint Venture Commitment. Please complete the totality of the questionnaire.
57- Other documents determined in the course of the review will be also requested,
if required for the appropriate assessment of the credit capacity to repay the loan applied for by the applicant.
VERY IMPORTANT: The loan is disbursed in installments upon having established the legal collaterals securing the loan. The amount of loan disbursement will be diminished by DHC's Fee, and other parties fees for the granted loan, in the amount set forth in the loan agreement and/or other agreements.