COMMERCIAL LOAN QUESTIONNAIRE. 1 High Street, Southend, SS1 1JE. NEW LEAF DISTRIBUTION LTD

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1 Decide To Be Happy NEW LEAF DISTRIBUTION LTD COMMERCIAL LOAN QUESTIONNAIRE Please note the following docs are required on file: Disclosure Docs (2017) Fact Find Business Accounts - last 3 years / SA302 s if loan is personal AML Research - File note as to the journey of research will suffice SL Company/Business Name High Street, Southend, SS1 1JE Adviser Name Date Fact Find Started info@nlgfs.co.uk

2 SECTION 1 COMPANY/ BUSINESS DETAILS / INDIVIDUAL Name of client/s Client DOB Client NI number Business Name Business Type Sole Trader / Partnership / Limited Company / PLC Business Address Business Undertaking Telephone Fax Address Registered Address Home Address Company Registration. VAT Number Nature of Business HR Contact Experience as a landlord? Experience as a developer?

3 SECTION 2 BORROWING REQUIREMENTS Purchase Price Deposit available Loan amount required Market Value (if different to purchase price) Rationale for The Loan Owner occupier / Commercial Investment / Development Finance / Loan Protection / Asset Finance / Bridging / Portfolio B2L) Term of loan? Further advance? Planning permission? Licences in place? if re-mortgage / consolidation / capital raising list debts to be cleared Asset to be purchased? Brief background of the business and its operation. Bank for business banking? Source of deposit? Address of property to be used as security for the loan if any. Brief description of property to be used as security

4 SECTION 2 BORROWING REQUIREMENTS Tenure Freehold / Leasehold Is the property to be let / If : Rental Income - Estate Agents Details Lease details (years) - Solicitors Details Please underline how the company will repay the loan NOTES: - OVERVIEW OF CASE

5 SECTION 3 STATEMENT OF ASSETS V LIABILITIES Assets Value Main Commercial Property Other Properties Fleet / Motor Vehicles Stocks and Shares Investments Cash Deposits Others (specify) TOTAL Liabilities Value Monthly Cost Mortgage (s), secured loans or rent Bank Overdraft Directors Loan Account Unsecured Loans HP Liabilities Credit Card Balances Others TOTAL NET FIGURE Total Assets less Total Liabilities

6 SECTION 4 NOTES / FILE CHECKLIST Bank Statements show current balance within overdraft agreements BUSINESS & PERSONAL last 3 months should be included on file: If no, why? Adverse Credit Details: include full explanation and proof of satisfaction included on file What is your exit strategy in relation to this loan? Proof of Income 3 years accounts / P60 / Pay Slips on File: Succession Plan for business (if required): Are you happy to be tied into a bank account to gain the loan? Copy Lease for property being secured on file: Director(s) / Sole Trader / Partners CV on file: Copy of Articles of Association & Memorandum of accounts on file: Business Plan & Projection on file: Schedule of Properties Owned on file: Are you happy to seek a loan that requires security: Do you require a loan with no early redemption penalties: Are you happy to provide a personal guarantee: Bank Statements show current balance within overdraft agreements. Please note that if this is a B2L portfolio please provide the spreadsheet appertaining to the portfolio inclusive of loan amounts / equity / full address of each property / whether commercial or residential / term on each loan remaining / any ERC s.

7 DIRECTOR DECLARATION PLEASE READ CAREFULLY THEN SIGN AND DATE BELOW I/We confirm I/We have received the Client Agreement. I/We understand that they should be read carefully. I/We confirm that the information I/We have provided is to the best of my/our knowledge correct. I/We have provided this information understanding that it is used to form the basis of any advice and recommendations made to me/us and that I/We am/are not under any obligation to take up any recommendations made. I/We understand that recommendations may be made which involve a regular financial commitment. Accordingly, I/we understand that I/We must be sure of the company s ability to meet that commitment having given consideration to all other expenditure, and the provision for emergencies, which may require access to funds. I/We further declare that if I/We do not wish to disclose certain personal/financial information and I am/we are aware that this may prevent my/our Adviser from being able to identify areas where it might have been appropriate to make recommendations, or which could have an effect on any recommendations made. NOTE : Please understand we reserve the right to decline to give advice if full information is not provided. Name of Director 1 Name of Director 2 Name of Director 3 Signature Signature Signature Position Position Position Date Date Date OTHER REQUIREMENTS Would you like any of the following existing company benefits reviewed? Retirement / Auto Enrolment (by referral to a Financial Adviser) Death in Service / Relevant Life Loan Protection Executive Income Protection / Sick Pay Scheme Medical Insurance Share / Partnership Protection Keyperson Protection Commercial Insurance (by referral to specialist)