Fisher Enterprises Loan Worksheet Page One



[pic]Loan Worksheet Page 1 of 3

Operating Company/Business Attn: Mabry

Briefly describe what the borrowing company does:

How much capital is being requested?

Breakdown the use of the loan proceeds:

City/Town, State where borrowing company is located? _______________________

Year Company Began _____________

Personal Credit Scores of Principal(s) ______ ______ ______

Total Accounts Receivable Now $___________________________________

Accounts Receivable over 90 days old $_______________________________

Total Accounts Payable over 90 days old $_____________________________

Approximately how much are you billing per month $____________________

Loan Worksheet Page 2 of 3

Operating Company

Credit terms extended (30 days etc.) ________________________________

Is the business seasonal? _________________________________________

What % of sales are performed under contract with progress billing? _______

Are there any tax delinquencies? Yes_______ No_______

What % of customer base is outside U.S.? _______

Does any customer account for more than 25% of A/R? ________________

What is current company net worth $________________________________

Estimate the liquidation value of inventory excluding work in progress

$____________________________________________________________

Estimate the liquidation value of equipment

$____________________________________________________________

(Note- furniture and telephone/computer equipment is not acceptable collateral)

If equipment has been appraised, for how much and when? $______________

As of ______________ What type appraisal: FMV, OLV OR FLV?________

Appraised/estimated value of business owned Real Estate $_______________

Estimated value of any other business assets $_________________________

Total secured debt (including mortgage) against company now $ _________________

Monthly payment now on secured debt? _______ Are payments current? _______

2014 Revenue $ __________________ 2014 net income $ ___________________

2013 Revenue $ __________________ 2013 net income $ ___________________

2012 Revenue $ __________________ 2012 net income $ ___________________

Loan Worksheet Page 3 of 3

Operating Company

This Years Projected Sales Volume $_________________________________

Amount of backlogged orders now $ _________________________________

Is company currently making money? Yes_______ No_______

If making for how many consecutive months? ____________

Does company have accountant prepared financial statements? ___________________

If so, on what date does the accounting year end? ________________

What type statements (audited, reviewed, compiled) _______________________

Who does company typically sell to? ________________________________________

Additional Comments, if any:

________________________

Date

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