Credit Reports for Other Business Concerns: <<Provide narrative discussion on other business concerns. For example, “XXX identified XX other business concerns. The underwriter reviewed Dunn and Bradstreet credit reports for XX other business concerns identified by XXXX. {Discuss each report}. No reports indicated derogatory information that would prohibit XXXXX from participation in this loan transaction.>> Name of Entity Report Type Report Date Comments (Commercial, etc.) (i.e., any derogatory information, etc.) Financial Statements For Party(ies) Responsible for Financial – Requirements for Closing and Beyond <<enter name(s) of responsible – party(ies) here>> <<Complete this section if the borrower entity does not have sufficient financial capacity.>> Year to date: <<dates for start and end of period>> Fiscal year ending: <<date end of period>> – Fiscal year ending: <<date end of period>> – Fiscal year ending: <<date end of period>> – <<Include a discussion on the financial capacity. Include the percentage of borrower’s owner’s equity into the project. The discussion must address: (1) the net worth; (2) liquidity; borrower’s (3) the ability to meet the cash requirements of the project; and (4) the borrower’s borrower’s ability to meet the financial obligations of the project for the long term.>> <<If Form HUD-92417-ORCF is included, provide discussion on the financial individual’s capacity, net worth and liquidity.>> Effective Total Total date assets Net worth liquidity Comments (of HUD-92417) (cash available) $ $ $
Credit Reports for Other Business Concerns: <<Provide narrative discussion on other business concerns. For example, “XXX identified XX other business concerns. The underwriter reviewed Dunn and Bradstreet credit reports for XX other business concerns identified by XXXX. {Discuss each report}. No reports indicated derogatory information that would prohibit XXXXX from participation in this loan transaction.>> Name of Entity Report Type (Commercial, etc.) Report Date Comments (i.e., any derogatory information, etc.) Financial Statements – For Party(ies) Responsible for Financial Requirements for Closing and Beyond – <<enter name(s) of responsible party(ies) here>> <<Complete this section if the borrower entity does not have sufficient financial capacity.>> Year to date: <<dates for start and end of period>> Fiscal year ending: <<date – end of period>> Fiscal year ending: <<date – end of period>> Fiscal year ending: <<date – end of period>> <<Include a discussion on the borrower’s financial capacity. Include the percentage of owner’s equity into the project. The discussion must address: (1) the borrower’s net worth; (2) liquidity; (3) the borrower’s ability to meet the cash requirements of the project; and (4) the borrower’s ability to meet the financial obligations of the project for the long term.>> <<If Form HUD-92417-ORCF is included, provide discussion on the individual’s financial capacity, net worth and liquidity.>> Effective date (of HUD-92417) Total assets Net worth Total liquidity (cash available) Comments $ $ $
9007_orcf-Clean.docx