Funding Information Submission

Funding Information Submission

Please tell us about your business funding needs. You can call us or you can take a few minutes to prepare a summary as outlined below and submit it to us. Someone from the Position One staff will contact you promptly to discuss your needs. Thank you.

Project Summary Outline/Format

Provide information regarding your funding request by typing your responses in the blanks below

Borrower/Broker name or Project name:
Phone and/or email address:
Are you a broker (check if yes /otherwise leave blank)?
Amount funding needed by borrower:
Purpose/what will funding be used for (check one):

Purchase

Refinance

Construction

Development

Other

If other, explain briefly:

Date funding needed by:

Give a brief summary of the project (location, type, size, status, features, what makes it attractive, and any drawbacks). Two paragraphs – max.

Have you tried previously to get funding for this project? Explain briefly in space below.

If this is a purchase, what is purchase price?

If this is a purchase, is a purchase contract currently in place (check one)?

Yes No

If this is a refinance, what was original purchase price and date purchased (if not a refi, skip this item)?

Original Purchase price Original purchase date

How much of your own money will you (or have you) put into this project?

If property/project is income producing (such as an apartment complex), what is net operating income for most recent available accounting period? (if not income producing, then omit):

Briefly explain your (borrower’s ) experience doing similar projects in past, if any:

Exit Strategy: Explain when and how you plan to pay back loan.
Is there an appraisal available? If so, what is current appraised value?
Appraised Value: $ Appraisal date:

Check here if no appraisal available

WHEN COMPLETE, CLICK THE SUBMIT BUTTON TO FORWARD THIS FORM TO US

Someone from Position One will contact you promptly. THANKS.

NOTE: If you already have a complete project summary that you want us to review, simply email it to us at info@position1biz.com . Be sure it includes the above information at a minimum.