Subject: Fw: Loan for small Business owner
From: JJ Hwang <[email-masked]>
To: Meiling Chen <[email-masked]>
Date: Fri, 2 May 2014 13:30:14 -0700 (PDT)

Here is list of docs needed to apply $150M SBA Express Line of Credit:
 
1)      3 yrs Business tax returns (2013, 2012,2011);
2)      3 yrs Year-end Financial statements (Balance sheet & Income Statement) as of 12/31/13, 12/31/12, & 12/31/11;
3)      Updated Business Financial Statements as of 3/31/2014;
4)      Updated A/R, A/P, and Inventory Aging Reports as of 3/31/2014;
5)      3 yrs Personal Tax Returns (2013, 2012, 2011);
6)      SBA Loan Application(attached);
7)      Guarantor Resume (one for each borrower);
8)      Business Fact Sheet (attached);
9)      Schedule of RE Owned(attached).
 
Here is the preliminary loan proposal for your client:
 
Loan Amt:                           Max. $150M
 
Term:                                    Review & Renew every 12 month
 
Rate:                                     Prime Rate + 1.5% or 4.75%.  Current Prime Rate is 3.25%.
 
Fee:                                       1) SBA Guaranty Fee – Waived (Fee is waived until 9/30/14)
                                                2) Bank Processing Fee - $1,500
 
Other Fees:                        Borrower is responsible for Appraisal Report, taxes, and other 3rd party fees.
 
Collaterals:                         1) Personal Guaranty from owners (20% or more ownership);
2) UCC-1 Blanket Filing on all Business Assets, including A/R, inventories and other fixtures;
3) Additional Hard Asset(s) as required by SBA Guideline.

 
Jia Jane Hwang 
Cell: (626)524-2925
Email:[email-masked]   
                                                                         
CA BRE Broker #01108149                                                           
Century 21 Inverness Realty                                       
115 S Garfield Ave., Alhambra, CA 91801  

SAFE NMLS#352225   
AAA Capital Investment
117 S Garfield Ave., Alhambra, CA 91801