The Business Ownership Show

Crafting a Winning Loan Request: Must-Have Sections and Tips for Financing Success


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In this episode, we dive into the nitty-gritty details of crafting a winning loan request that will increase your chances of getting approved, receiving quick responses, and securing better terms.

 Now, let's get into the juicy details!

Here are 5 key takeaways from this episode:

  1. The Executive Summary: Learn how to effectively tell your story in just a page or two. Discover what crucial information you should include, such as transaction overview, location, business plan, sponsorship details, timing, and key underwriting metrics.
  2.  Financing Request: Understand the essential components of a loan request, including loan type (construction, bridge, perm), loan amount, loan term, loan metrics (LTC, LTV), level of recourse, guarantor details, and sources and uses table.
  3. Investment Highlights: Find out how to highlight lender-focused items that will make your loan request stand out. Learn how to showcase the strength of the sponsor, conservative loan metrics, and any other compelling aspects of your investment.
  4. Risk and Mitigants: Discover why it's crucial to address the potential challenges of your deal upfront. By proactively highlighting and addressing these risks, you can prevent deal-breaking surprises during loan closing.
  5. Property Overview: Get a step-by-step guide on what to include in this section, such as property details, occupancy rates, current condition, rent roll, professional photos, and site/floor plans. If it's a construction project, learn how to provide updates on architectural drawings, permitting, projected costs, and timelines.

If you'd like to meet with Beau to talk financing, book a call herehttp://bookwithbeau.com/ )

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The Business Ownership ShowBy Beau Eckstein

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