In order for FTS to conduct a pre-application analysis, the following types of information are typically required once you have had an initial telephone consultation:
- Current Balance Sheets: For all involved entities, personal and corporate
- Last 3 Years of Tax Returns: For all involved entities, personal and corporate
- Description of proposed security property: Any readily available property information e.g. such as Plats, Aerial Photos, Land Use Composition (Acres by Land Class), Timber Cruise Reports, List of Improvements
- Amount of Loan Required
- Your preferred terms regarding: Amortization Period, Fixed Rate Period, Payment Mode (Monthly, Quarterly or Semi-Annually)