Financing Application for McDonald s Owner/Operators

Transcription

1 Financing Application for McDonald s Owner/Operators Member FDIC Equal Housing Lender McDonald s is the trademark of McDonald s Corporation and its affiliates, used with permission.

2 At Citizens Bank we know that a successful banking relationship is just that a relationship. Our franchisee lending team has over 50 years of combined experience lending to McDonald s owner/operators and provides us with the expertise to understand and meet your unique business needs. Whether you are applying for a loan to finance a restaurant purchase, to complete major or minor reinvestments, to rebuild a restaurant, or to finance equipment purchases, we make applying for and obtaining financing as fast and efficient as possible, letting you concentrate on your business. To apply for financing, just complete the following information and return to us along with: Two year FYE financial statements (balance sheet and profit and loss statement) YTD financial statement (if applicable) Trailing 12-month profit and loss statement (if buying a new store) Copy of your organizational documents (e.g., Articles of Organization, Certificate of Incorporation.) Personal Financial Statement (blank form enclosed for your convenience) Business Profile LEGAL ENTITY NAME: MAILING ADDRESS: BUSINESS PHONE: ADDRESS: BUSINESS FAX: FEDERAL TAX ID NUMBER: NUMBER OF YEARS AS AN OPERATOR: NUMBER OF STORES OWNED: Owner/Operator(s) NAME: TITLE: NAME: TITLE: % OWNERSHIP: % OWNERSHIP: NAME : TITLE: % OWNERSHIP: Business Type (check applicable) Sole Proprietor C Corp S Corp LLC LLP General Partnership State of Incorporation/Organization:

3 Loan Request Amount of Loan: Purpose of Loan: Term: Rate Option: Line of Credit: (if new store purchase, include purchase price) 5 Years 7 Years (check desired term) Floating Fixed (check desired rate option) Floating Multi Advance/Term Floating Store Information If you operate more than one store, please fill out the additional sheets attached. STORE ADDRESS: PURCHASE DATE: OPEN DATE: NATIONAL STORE NUMBER: FRANCHISE LETTER AGREEMENT DATE: LEASE EXPIRATION DATE: Business References BANK NAME (Business): ADDRESS: BANK NAME (Personal): ADDRESS: BUSINESS INSURANCE: TELEPHONE NUMBER: ACCOUNTANT: TELEPHONE NUMBER: Questions About Your Business 1. Are there any obligations not listed on the financial statements of the companies for which your business is an endorser, guarantor, or a co-signor? 2. Are you or any of your affiliates party to any claim or lawsuit? 3. Have you or any of your affiliates ever declared bankruptcy? 4. Do you or any of your affiliates owe or dispute any taxes? If you answered yes to any of the questions above, please provide a brief explanation.

4 Please read and sign the following page The undersigned affirms that the information on this application and on any accompanying statement is true, complete and correct and that the proceeds of the loan being requested will be used for McDonald s business-related purposes and not for personal, family or household purposes. The undersigned agrees to notify RBS Citizens, N.A. of any material changes that may occur regarding the information shown on this application or on any of the accompanying statements. The undersigned hereby acknowledges and agrees that RBS Citizens, N.A. and its designees may, at any time and from time to time, disclose any and all information, documents and matters relating to the business, operations, affairs, finances and accounts of the undersigned and any proposed borrower to RBS Citizens, N.A. directors, employees, officers, representatives, and affiliates, to be used for marketing and other business. The undersigned hereby irrevocably authorizes RBS Citizens, N.A., and its subsidiaries and affiliates and McDonald s, McDonald's is defined as McDonald s Corporation, a Delaware corporation, and its subsidiaries and affiliates, to at any time and from time to time obtain from and disclose to each other any and all financial and other information about the undersigned, including without limitation, the existence of any default under the loan documents or default under any franchise agreement, as permitted by law. The undersigned further irrevocably authorizes RBS Citizens, N.A. to contact, investigate, inquire and obtain consumer reports, references and other information from consumer reporting agencies and other credit reporting services, former or current creditors, and other persons and sources (including, without limitation, McDonald s and any Affiliate of RBS Citizens, N.A) and to provide to any references, consumer reporting agencies, credit reporting services, creditors and other persons and sources (including, without limitation, McDonald s and Affiliates of RBS Citizens, N.A.) all financial, credit and other information obtained by RBS Citizens, N.A. relating to the undersigned, as permitted by law. The undersigned further acknowledges and agrees that RBS Citizens, N.A., or its designee, may visit and inspect the collateral for any requested loan and examine, make copies of and take abstracts from the books and records of the undersigned and any proposed borrower.. Signature: Date: Signature: Date: Return completed application to: Citizens Bank 28 State St. Mail Stop MS1420 Boston, MA Attention: McDonald s Franchisee Lending Or via FAX to Your dedicated relationship manager team: Michelle Ayer, or via at: michelle.ayer@rbscitizens.com Thomas Foley, or via at: thomas.g.foley@rbscitizens.com

5 Edie Anderson, or via at: Keith Strandwold, or via at: Additional Store Information (if needed): STORE ADDRESS: NATIONAL STORE NUMBER: DATE OPENED/PURCHASED: LEASE EXPIRATION: LEGAL OWNERSHIP: DOES THIS STORE GUARANTY OR COLLATERALIZE ANY DEBT? LENDER (If applicable): Additional Store Information: STORE ADDRESS: NATIONAL STORE NUMBER: DATE OPENED/PURCHASED: LEASE EXPIRATION: LEGAL OWNERSHIP: DOES THIS STORE GUARANTY OR COLLATERALIZE ANY DEBT? LENDER (If applicable): Additional Store Information: STORE ADDRESS: NATIONAL STORE NUMBER: DATE OPENED/PURCHASED: LEASE EXPIRATION: LEGAL OWNERSHIP:

6 DOES THIS STORE GUARANTY OR COLLATERALIZE ANY DEBT? LENDER (If applicable): Make additional copies of this page if necessary