Appendix 4 - Match Funding Type of 1b Minimum requirement to 1c Finalised paperwork match support funding at initial required at contract stage / funding Full application stage prior to release of any funds. Copy of Heads of terms Bank loan or Copy of Bank Loan contract conditional offer letter provided document duly signed / in force, by the Bank. N.B this should confirming funds (£ value) have confirm offer of funds to your been provided to your Company. N.B. if the loan contract is new, Company (£ value), and be not provided on Bank letterhead then a copy of current business paperwork or similar. bank account statement showing that the loan provided remains available to the Company. (i.e. not already exhausted). Company Copy of current bank statement Refreshed copy of current own funds of Company confirming business bank account statement availability of funds. showing that the funds (£ value) remain available to the Company. (i.e. not already exhausted) Overdraft Copy of letter from Bank Copy of letter from Bank facility confirming overdraft facility confirming overdraft facility available to Company. available / together with; Copy of current business bank account statement showing that the overdraft remains available to the Company. (i.e. not already exhausted). Own funds Copy of a current bank Copy of current business bank inc. owner, statement showing where account statement showing that monies are held confirming the funds have been provided / partner’s, availability of funds. transferred to the Company / are director’s, available. (i.e. not already member’s loan exhausted). Pension Letter of commitment from Trustee resolution confirming funds from trustees of pension fund. funding (£ value) available to the Company Company. Private Copy of Heads of terms or Copy of current business bank investor/ conditional offer letter provided account statement showing that New share by the investor. N.B this should the funding has been provided / capital/ confirm offer of funds to your transferred to the Company / are New equity Company (£ value), and be available. (i.e. not already investors provided on the investors exhausted). letterhead paperwork or similar. Shareholder Heads of terms Shareholder agreement duly contributions signed / in force confirming funds (£ value) have been provided to your Company, or Company bank statement showing credit values into the
Appendix 4 - Match Funding Type of match funding 1b Minimum requirement to support funding at initial Full application stage 1c Finalised paperwork required at contract stage / prior to release of any funds. Bank loan Copy of Heads of terms or conditional offer letter provided by the Bank. N.B this should confirm offer of funds to your Company (£ value), and be provided on Bank letterhead paperwork or similar. Copy of Bank Loan contract document duly signed / in force, confirming funds (£ value) have been provided to your Company. N.B. if the loan contract is not new, then a copy of current business bank account statement showing that the loan provided remains available to the Company. (i.e. not already exhausted). Company own funds Copy of current bank statement of Company confirming availability of funds. Refreshed copy of current business bank account statement showing that the funds (£ value) remain available to the Company. (i.e. not already exhausted) Overdraft facility Copy of letter from Bank confirming overdraft facility available to Company. Copy of letter from Bank confirming overdraft facility available / together with; Copy of current business bank account statement showing that the overdraft remains available to the Company. (i.e. not already exhausted). Own funds inc. owner, partner’s, director’s, member’s loan Copy of a current bank statement showing where monies are held confirming availability of funds. Copy of current business bank account statement showing that the funds have been provided / transferred to the Company / are available. (i.e. not already exhausted). Pension funds from Company Letter of commitment from trustees of pension fund. Trustee resolution confirming funding (£ value) available to the Company. Private investor/ New share capital/ New equity investors Copy of Heads of terms or conditional offer letter provided by the investor. N.B this should confirm offer of funds to your Company (£ value), and be provided on the investors letterhead paperwork or similar. Copy of current business bank account statement showing that the funding has been provided / transferred to the Company / are available. (i.e. not already exhausted). Shareholder contributions Heads of terms Shareholder agreement duly signed / in force confirming funds (£ value) have been provided to your Company, or Company bank statement showing credit values into the