Get Statement Of Money Lender Michigan Form

The Statement Of Money Lender Michigan Form is a crucial document for individuals or organizations loaning money to applicants seeking a participation permit. This guide provides clear instructions on filling out the form online to ensure compliance and accuracy in your submission.

Follow the steps to complete the form accurately and efficiently.

1. Click the ‘Get Form’ button to access the Statement Of Money Lender Michigan Form and have it open in your selected document editor.
2. In the first section of the form, enter the amount of money being loaned in the designated space. This should be a clear numerical value, e.g., '$10,000.'
3. Next, fill in the name of the applicant who will be receiving the funds. Ensure the name matches the identity of the person applying for the participation permit.
4. Provide the complete address of the licensed business that the applicant is seeking to obtain a permit for. Include street address, city or village, zip code, and county.
5. Indicate the instruments securing the debt by providing details such as property or collateral descriptions.
6. List any co-signers or co-makers who will be involved in the loan agreement. Include their names and any relevant information.
7. Specify the payment terms for the debt by outlining how and when the debt will be repaid.
8. Indicate whether you will have any interest in the licensed business other than as a creditor by selecting the appropriate options.
9. Confirm your legal position concerning enforcement of penal laws and any previous licenses related to alcohol sales by checking the relevant boxes.
10. Prepare to attach any necessary documentation required for verification of your funds, mentioning your occupation and source of funds in the provided spaces.
11. Finally, sign and date the form in the designated area to validate the statement.

Complete your documents online today for a smooth and efficient submission process.