Loans

What is required?

Initial Application:
     ME&A requires the following to  
     determine if a formal letter of
     intent will be offered:
  
     1.  Loan Submission Form
   
     2.  Business Summary

Letter of Intent:
     If ME&A offers a letter of intent,
     the following will be required:
  
     1.  Acceptance by the  
          Borrower:  A signed LOI
  
     2.  Due Diligence Fees: 
          Payment of projected due
          diligence fees required by the
          type of project.

             Due diligence fees 
              are credited back 
               to the borrower 
                   at closing! 

Due diligence fees typically include:  underwriters, market studies, site visits, lawyers, fees required by state law or foreign governments, and administrative costs such as courriers, translations, etc.. 
Each loan is unique, so an activity may
be required for your loan that is not on
this list.