The document discusses preparing for a loan by outlining the key steps and documents involved. It recommends determining the borrowing need, guarantor risk tolerance, lining up professionals like accountants and attorneys, and preparing financial documents like balance sheets, cash flow statements, and tax returns. The document also suggests preparing management information like bios of principals and officers, and shopping the loan with a broker, bank, or SBA lender. The webinar aims to discuss how to be properly prepared to provide lenders the information they need to evaluate a loan request.

1. PREPARING FOR A LOAN
Part of the Complex Financial Litigation For 2014 Series
Premiere Date, May 7, 2014
PREPARING FOR A LOAN: MAY 7, 2014
FINANCIAL POISE, A DIVISION OF DAILYDAC, LLC©2014
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2. Practical and entertaining education for business owners
and executives, Accredited Investors, and their legal and
financial advisors.
For more information, visit www.financialpoise.com
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DISCLAIMER: THE MATERIAL IN THIS PRESENTATION IS FOR INFORMATIONAL PURPOSES ONLY. IT SHOULD NOT
BE CONSIDERED LEGAL ADVICE. YOU SHOULD CONSULT WITH AN ATTORNEY TO DETERMINE WHAT MAY BE BEST
FOR YOUR INDIVIDUAL NEEDS
FINANCIAL POISE, A DIVISION OF DAILYDAC, LLC©2014
PREPARING FOR A LOAN: MAY 7, 2014

3. ABOUT THIS EPISODE OF THE SERIES
• Obtaining a loan can be a lot easier if you are
properly prepared and can provide the lenders
the documents they need to evaluate the loan
request. This webinar will discuss the various
documents lenders like to see and how to
prepare the loan request.
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FINANCIAL POISE, A DIVISION OF DAILYDAC, LLC©2014
PREPARING FOR A LOAN: MAY 7, 2014

4. Preparing for a Loan - Road Map
• A. Determining Borrowing Need
• B. Determining Guarantor’s Risk Tolerance
• C. Lining up Professionals
• D. Preparing Financial Documents
• E. Preparing Management Information
• F. Preparing Corporate Organizational Docs
• G. Shopping the Loan
PREPARING FOR A LOAN: MAY 7, 2014
FINANCIAL POISE, A DIVISION OF DAILYDAC, LLC©2014
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5. Determining Borrowing Need
• Line of Credit
– Maximum Amount needed
– Collateral Base
• Term Loan (Equipment, Acquisition)
• Construction Loan
• Capital Lease
• Letter of Credit
PREPARING FOR A LOAN: MAY 7, 2014
FINANCIAL POISE, A DIVISION OF DAILYDAC, LLC©2014
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6. Determining Guarantor Risk Tolerance
• Is principal willing to provide:
– Full guaranty
– Partial Guaranty
– Non-recourse carve-out guaranty
– No guaranty
• What assets are owned by Guarantors
PREPARING FOR A LOAN: MAY 7, 2014
FINANCIAL POISE, A DIVISION OF DAILYDAC, LLC©2014
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7. PREPARING FOR A LOAN: MAY 7, 2014
LINING UP THE PROFESSIONALS
• ACCOUNTANTS
• ATTORNEYS
• LOAN BROKER
• SURVEYORS (IF REAL ESTATE LOAN)
• ARCHITECT (IF REAL ESTATE CONSTRUCTION)
• GENERAL CONTRACTOR (IF CONSTRUCTION)
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FINANCIAL POISE, A DIVISION OF DAILYDAC, LLC©2014

8. Preparing Financial Statements
• Balance Sheet
• Cash Flow Statement
• Profit and Loss Statement
• Trial Borrowing Base Certificate
• Personal Financial Statements
• Tax returns
PREPARING FOR A LOAN: MAY 7, 2014
FINANCIAL POISE, A DIVISION OF DAILYDAC, LLC©2014
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9. Preparing Management Information
• Bio’s of Principals
• Bio’s of Officers and Key Employees
• Explanations of any Negative Public
Information
• Explanations of Pending Litigation
PREPARING FOR A LOAN: MAY 7, 2014
FINANCIAL POISE, A DIVISION OF DAILYDAC, LLC©2014
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10. PREPARING CORPORATE ORGANIZATIONAL
DOCUMENTS
• Articles of Incorporation/Organization
• By-Laws/Operating Agreement
• Good Standing Certificate
• Resolutions to Pledge and Borrow
PREPARING FOR A LOAN: MAY 7, 2014
FINANCIAL POISE, A DIVISION OF DAILYDAC, LLC©2014
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11. Shopping the Loan
• Loan Broker
• Conventional Lender/Bank
• Non-conventional/SBA
PREPARING FOR A LOAN: MAY 7, 2014
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FINANCIAL POISE, A DIVISION OF DAILYDAC, LLC©2014
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12. MORE ABOUT THE FACULTY:
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FINANCIAL POISE, A DIVISION OF DAILYDAC, LLC©2014
PREPARING FOR A LOAN: MAY 7, 2014
Chris Balestrino
Chris Balestrino is a Principal at Park Place Equity, LLC. Park Place Equity (“PPE”)
provides and arranges financing for small business owners and real estate investors,
as well as offer strategic advice to clients operating in the early to medium stages of
their business development. Most loans are typically secured by commercial real
estate, equipment and other tangible business assets. PPE has closed in excess of
$100,000,000 since its formation in 2007 and through its network of community
banks, PPE continues to provide financing solutions to small businesses and real
estate investors alike. The primary focus is government guaranteed lending; loans
which require credit enhancement from the SBA, USDA, Fannie Mae, Freddie Mac
and FHA. Secondary focus is the “Community Banking Platform”; this program is
designed to fill the void left by the CMBS market and other lending institutions
which previously relied on the secondary market to sell their loans without the
benefit of a government guarantee (SBA, USDA, Fannie, etc).

13. MORE ABOUT THE FACULTY:
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FINANCIAL POISE, A DIVISION OF DAILYDAC, LLC©2014
PREPARING FOR A LOAN: MAY 7, 2014
William Schwartz
Bill is a partner in the Banking & Restructuring Group of Levenfeld Pearlstein, and
concentrates his practice on representing borrowers and lenders in financial services,
litigation (including bankruptcy) and workouts. Bill takes a complete approach to client
service. He works to achieve the results his clients want, and in doing so, he also strives to
make the experience of working together a positive one. Bill recognizes the time
constraints facing his client, and works to reduce the distractions often caused by focusing
on the “small picture.” He believes that communicating with your attorney and boredom
do not have to be synonymous. As a result, he takes a real interest in his clients and strives
to consistently demonstrate that in his frequent interactions. He also represents receivers
in foreclosure cases, buyers and sellers at UCC sales, buyers from assignees for the benefit
of creditors, and buyers of notes and mortgages. Bill recently co-authored the chapter
“Federal Court Receiverships” in the book Strategic Alternatives for Distressed Businesses
(Thompson-West 2013) and an article in Buyouts Magazine entitled “Buying Distressed
Assets Outside of Bankruptcy” (Thomson Reuters, June, 2010).

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©2014
www.financialpoise.com
PREPARING FOR A LOAN: MAY 7, 2014

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PREPARING FOR A LOAN: MAY 7, 2013
www.accreditedinvestormarkets.com

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