HONG KONG BUSINESS LOAN APPLICATION CHECKLIST

REQUEST
[ ] Amount, purpose and drawdown date
[ ] Desired term and repayment structure
[ ] Written source of repayment
[ ] Downside cash-flow case

ENTITY AND OWNERS
[ ] Business Registration Certificate
[ ] Certificate of Incorporation and Articles
[ ] Company search, ownership chart and board approval
[ ] Director, shareholder and guarantor identification

FINANCIAL EVIDENCE
[ ] 6 to 12 months of major bank statements
[ ] Latest financial statements and management accounts
[ ] Profits tax returns and assessments
[ ] Receivables and payables ageing
[ ] Existing loan and guarantee schedule
[ ] 13-week cash-flow forecast

TRANSACTION EVIDENCE
[ ] Contracts, orders, invoices or supplier quotations
[ ] Asset details, valuation and insurance where relevant
[ ] Explanation of one-off items, arrears or returned payments

COMPARISON
[ ] Net proceeds after fees
[ ] Every dated payment and total repayment
[ ] Rate basis, margin, floor and reset dates
[ ] Security, personal guarantees and set-off
[ ] Default, cancellation and early-settlement terms

Do not send this checklist or sensitive documents to HK Business Funding.