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How to fill out the Brainchild Property Group online
Filling out the Brainchild Property Group funding application is a straightforward process that allows users to provide essential information about their business and financing needs. This guide will walk you through each section of the application to ensure that you complete it accurately and efficiently.
Follow the steps to complete the funding application
- Click ‘Get Form’ button to access the funding application and open it in the designated editor.
- Begin with the borrower information section. Indicate the type of borrower by selecting from the options: individual(s), sole proprietorship, corporation, partnership, limited liability company, or other. Provide the legal name of the business/borrower and tax identification number.
- Fill in the general information fields, including the street address, city, state, zip code, business phone, cell phone, facsimile number, contact person, email address, web address, and type of business.
- In the property details section, specify the type of property involved, the number of years the business has been operating, whether it is publicly or privately held, current cash flow, net operating income, asset base value, acquisition cost, appraisal value, date of the last appraisal, purpose of funds, amount of first mortgage, additional liens, cash out needed, and total loan amount.
- Complete the financing request summary by providing the project name, project type, project readiness, location, financing amount sought, type of financing, use of funds, collateral, money spent to date, funds available for due diligence, status of contracts, internal rate of return, and earnings before interest, tax, depreciation, and amortization.
- Check any initial project materials you are submitting to funders, including executive summary, business plan, description of collateral, pro forma, use of funds, list of equity holders and amounts, project site status, documentation showing money spent to date, market value, and date of appraisal.
- Provide a detailed business narrative describing the business history, industry, products or services, and any significant customers, as well as historical financial challenges or opportunities.
- In the owner's biography section, describe your expertise, qualifications, and experiences that support your credibility and creditworthiness.
- Conclude with a project detail summary, providing a bullet list or narrative of 3-4 paragraphs detailing key aspects of the project.
- Finally, ensure the printed name and date are filled out at the end of the application to confirm the authorized signer's acknowledgment.
Complete your Brainchild Property Group application online today for swift processing of your funding request.
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