Checklist of Requirements

General Requirements
Medium Enterprise and Other Business Enterprises
Retail Lending to Micro and Small Enterprises
Financial Institutions
Cooperatives

The Company

• Company background, corporate mission/vision, highlights of past achievements, and/or corporate milestones.
• Securities and Exchange Commission (SEC) Registration.
• Certified copies of Articles of Incorporation and By-Laws, with amendments if applicable.
• Board of Investments (BOI) Registration, if applicable.
• Accomplished Customer Information Report (Form A).
• Accomplished Confidential Information Sheet (For each Officer/Stockholders).
• Board Resolutions/Secretary Certificate authorizing the borrowing, designating the authorized signatories, and allowing mortgage of properties (include specimen signatures) – Notarized
• Management and organization structure write-up.
• Write-up on shareholders (profile and strengths that bring direct benefit to the company).
• Current members of the company’s board of directors and senior executives with a description of their educational and professional background.

Operations

• Description of the company’s medium and long-term plans.
• Description of present operations to include facilities and system capacity.

Financial Aspect

• Financial Statements for the last three (3) years:
– Balance Sheet
– Income Statement
– Cash Flow
• Financial Projections over the life of the loan, including detailed assumptions:
– Soft copy/File copy of financial projections
– Hard copy of financial projections

• Financial Statements of related companies (affiliates and/or subsidiaries) for the last three (3) years.

Marketing Aspect

• Present and projected demand and supply condition.
• Position in the industry.
• Copy of study by independent marketing consultants:

– Extensive discussion on target market.
– Extensive discussion of competition within and outside of the Philippine (i.e., in terms of comparable products, companies offering similar products, etc.).

• Marketing and sales strategies (method, pricing, sales terms, incentives, special arrangements, etc.)
• Copy of product purchase agreement/ memorandum of understanding/contract, if any (to include profile of each company and expected sales volume).

The Products

• Project Feasibility Study, if any.
• Description of Project including fund sources and uses (amount of equity contribution and debt), timetable by phases, and current Project status
• Copy of Supplier’s Agreement/Contract/Memorandum of Understanding.
• List of required government approvals and status of compliance (i.e., environmental clearance certificate, permit to sell, BOI/EPZA approval, etc.).

Collateral

• Proposed collaterals to be mortgaged with DBP. In case of real estate mortgage, include also:

– Photocopies of TCT/s (with authentication from Register of Deeds)
– Lot Plan with Vicinity Map certified by a Geodetic Engineer (identifying the distance from the nearest intersection or landmark)

• Appraisal Report of proposed collaterals by any of the DBP-accredited appraisal companies (Form B).

Credit/Relationship with Banks

• List of banks with current dealings with the company and its major shareholders.
• Types of bank accommodations
• List of Trade creditors/suppliers

Others

• Identified risks to which the project is sensitive to, and its proposed mitigants.
• Developmental Impact Assessment – banefits of the project to the Philippines economy in general and to the specific location of the project in particular.