International Developers, Managers and Consultants to the Leisure, Tourism and Themed Entertainment Industry
DEV INT ISSUE 9
PROJECT FINANCE SEARCH APPLICATION
“We do not charge up-front fees”
We charge a percentage success fee only upon an applicant accepting finance through The Vitala Group, at the applicant's sole discretion.
We do not accept finance applications for less than a minimum US $5 million equivalent, per project application.
PLEASE NOTE THE FOLLOWING:
We are unable to reply without the applicant complying with the below:
1. Please click on the FAQ button on the main web page and read all Frequently Asked Questions before endorsing this project application form.
2. Please complete this form and email it to us as an attachment to: alternatively, send the completed form by fax to: + 44 20 8991 9558.
3. This questionnaire is for an initial appraisal only. None of the information supplied by you is binding upon either party.
4. We respond to all questionnaires submitted, provided they are fully completed.
5. Please use separate pages for any additional explanations you may wish to submit. Please allow up to 14 working days for us to reply.
6. No support documents are required at this stage. We are unable to review those at this early stage of investigation.
7. All information submitted is held confidential and is not passed on to third parties, until a Confidentiality / Non-Disclosure / Non-Circumvention Agreement has been entered into with the applicant.
8. Applications not submitted in English language can not be responded to.
We do not permit any of our international representatives to ask for / solicit / demand any up-front
payments / fees / costs reimbursements and / or to make any conditions subject as a prelude to
seeking project financing from us.
Please note, that in providing project finance related services, we are not in any way acting as legal, tax and / or other professional advisers, or giving legal, tax or other professional advice and we strongly recommend, that project finance applicants obtain independent legal or tax advice, as appropriate.
The services of The Vitala Group are not offered to any person or entity, in any jurisdiction or country where the advertisement, offer, provision or sale of such services is restricted or prohibited by law, or regulations are in force where The Vitala Group would be subjected to any registration or licensing requirements.
The Vitala Group of Companies abides to the laws of the UK Bribery Act 2011, which prohibits:
Ø The bribing of another person
Ø The bribing of foreign officials
Ø Failure of a commercial organization to prevent bribery
Project Finance Application - Form
a. / Brokers:
If yes, please state the name:
Ø / YES
NO
b. / Website:
If yes, please state the website address:
Ø / YES
NO
c. / Recommendations:
If yes, please state the source:
Ø / YES
NO
d. / www.LinkedIn.com / YES
NO
e. / Others:
If yes, please specify:
Ø / YES
NO
2. / I/ we confirm having read the FAQ section (FREQUENTLY ASKED QUESTIONS) of this website:
a. / YES
NO
3. PROJECT APPLICANT/ OWNER/ BORROWER
a.b. / DATE FORM SUBMITTED:
FULL NAME
of the person completing the form :
Are you a:
- Representative
- Broker
- Intermediary / Please tick applicable:
c. / APPLICANT’S FULL NAME :
Completing this application form.
(Must be the developer/ borrower)
d. / Developer current profession/ status:
e. / Developer correspondence address:
Office telephone:
Cell phone:
Fax:
E –mail:
Website:
f. / Has the developer/borrower:
i) Approved the contents of this
Project Finance Application Form?
ii) Received a copy of this completed
Project Finance Application Form? / YES NO
YES NO
g. / Is this the first time you are seeking financing for this project?
h. / If “NO”, when did you start seeking finance for your project?
4. DESCRIBE YOUR PROJECT: (For which you are seeking finance).
Theme Park / Waterpark / Mall / Stadium / FEC / Marina / Attractions /
Hotel / Resort / Casino / Others:
PROJECT DISCRIPTION: (Explain in detail please)
5. DESCRIBE THE COMPANY SEEKING FINANCE:
(It’s legal status, only if formed already)
(Corporation, LLC, Partnership, Inc., Limited Company, Sole Proprietor, other):
1. / NAME OF PROJECT(if chosen already)
a. / Authorized Capital in Local Currency
b. / Paid up Capital in Local Currency
c. / State type of local currency
d. / Name of Registered Legal Entity
e. / Currently trading as:
f. / Legal Location of Company Registration
g. / Company Registration No. ( if any )
h. / Date Company Established
i. / Location where Company was registered
6. CURRENT OWNERS and / or SHAREHOLDERS: (at the time of application):
TITLE / FULL NAME / PERCENTAGE%
%
%
%
%
%
%
%
%
%
%
%
%
7. COMPANY BOARD OF DIRECTORS AND OFFICERS NAMES
(at the time of application):
TITLE / FULL NAME / POSITION8. PROJECT DESCRIPTION
Please describe it in detail (using separate pages if necessary):
a. / Available land area:( specify measurements ) / square meters
acres
hectares
b. / Is land zoned for your loan purposes?
· If “Yes”, state current type of zoning: / YES NO
c. / PROJECT SITE LOCATION AND ADDRESS:
d. / Describe in your own words (the current stage of project development), by ticking one or more of the following:
· Start-up construction, no works done: / YES NO
· Some other works done (studies/ research/other) / YES NO
e. / Is a written land survey available? / YES NO
· Date of survey?
f. / DETAILED WORKS ALREADY COMPLETED: (where applicable)
· Marketing Feasibility Study (MFS) / YES NO
· Financial Feasibility Study (FFS) / YES NO
· Business Plan (BP) / YES NO
· Development Budget (DB) / YES NO
· Initial Outline Architectural Master Plan (IOAM) / YES NO
· Final Architectural Master Plan (FAM) / YES NO
· Environmental Impact Study (EIS) / YES NO
· Social Impact Assessment (SIA) / YES NO
· Full Information Technology Survey (ITS) / YES NO
· Biological and Environmental Assessment (BEA) / YES NO
g. / OTHER TESTS COMPLETED? / YES NO
· Water
· Soil
· Rock Bed / YES NO
YES NO
YES NO
h. / Quantity survey obtained completed? / YES NO
i. / Construction estimate completed? / YES NO
Planning applications has already been submitted? / YES NO
Building application submission date (if applicable):
j. / Has the land already been acquired?
· If “Yes”, at what value? / YES NO
US$ ,00
k. / State month / year of acquisition
If “No”, has a deposit secured the land site? / YES NO
l. / How much deposit has been paid? / US$ ,00
m. / If not acquired, has an option contract been secured? / YES NO
9. FINANCIAL INFORMATION( US$equivalent )
NOTE: amounts in (a), (b) and (c) must total that in (d).
a. / How much of a. above, has been provided by theShareholders as equity / partnership / joint venture? / US$ ,00
b. / How much additional equity are you seeking?
(future additional partners) / US$ ,00
c. / How much total loan capital are you seeking?
(financing only) / US$ ,00
d. / TOTAL ESTIMATED PROJECT COSTS: / US$ ,00
e. / Are you contemplating using all / part of any future loans for any payments other than for your project? / YES NO
10. LOAN PERIODS
Please state your preferred loan period, (excluding existing and or additional equity
requirements)
Please tick only one option:
a. Less than 5 years
b. More than 10 years
c. In excess of 15 years
d. As long as possible
11. GUARANTEES/ LITIGATION
(Although not required in most cases, we need to know shareholders’ personal willingness to issue personal guarantees).
a. / Are you willing to provide personal guarantees? / YES NOb. / Are there any outstanding litigation matters against the company, and / or its owners / officers?
If “Yes”, please describe: / YES NO
12. DUE DILIGENCE
a. / Are your shareholders prepared to submit to a due diligence investigation / procedure / YES NOb. / Is there any information about the Shareholders / Investors / Directors / Project, which you do not wish to disclose in the future? / YES NO
c. / Are you prepared to disclose to us all sources which have been approached in the past for equity/ loans, for this project? / YES NO
d. / Do any of your current shareholders intend to serve in a future management role in your project? / YES NO
e. / Have you any objections to a number of brokers / sources being involved in locating finance? / YES NO
13. LOANS
a. / Are there any past outstanding loans to repay from the loan(s) you are seeking? (Not necessarily for this project )If “Yes”, please describe the type of loans in detail: / US$ ,00
b. / Do you seek a loan only? / YES NO
c. / Do you seek equity (in addition to a loan)? / YES NO
d. / How much do you seek?
· Loan US$ ,00
· Equity US$ ,00 / %
%
e. / TOTAL / 100 %
14. CAPITALISATION
(Please calculate the estimated total of your project costs )
a. / We have already equity invested/ %
b. / We intend to increase our equity in (a) by
/ %
c. / We have additional cash deposits on hold, amounting to
/ %
d. / We seek “ to borrow ” in total / %
e. / TOTAL / 100 %
NOTE: Total of “13 (e)” must total “14 (e)”above.
15. BORROWER/ APPLICANT/ OWNER’S – ESTIMATED PAST DEVELOPMENT COSTS
a. / What is the total expenditure (in summary) to date which you have incurred for this project development?(Approximately)b. / What are the matters covered in a., above:
(Studies, Land Acquisition, Tests, Surveys, etc …)
16. In the process of searching for finance/equity through us, have you
been asked or has it been demanded from you by any third party, without our consent and contrary to our policy, to make any payments/inducements/ fee instalments/advances, as a precursor to seeking project finance through The Vitala Group?
If “YES”, please state by whom / state the name: / US$ ,00If “YES”, please state the amount / inducement required: / US$ ,00
17. GENERAL NOTES
b. / In the event of The Vitala Group and /or any of its subsidiary companies financing directly a project application, no Success Fees / Commissions shall become due.
c. / We do not charge up-front fees or any other hidden fees. We charge a percentage success fee only upon an applicant accepting finance through The Vitala Group, acceptance always at the applicant's sole discretion.
d. / It should be noted that neither the Vitala Group nor its companies, directors, shareholders and /or affiliates receive any Finders Fees/ Commissions from other sources, unless specified in writing by both parties, and these are subject to a signed Financial Procurement Agreement.
e. / If your project appears to be acceptable to us to proceed with, you may be responsible for the cost of an initial site visit by one of our Executives, to meet your team and discuss the way forward for your application. Such costs are fully refunded from our Success Fee listed in the Financial Procurement Agreement, to be signed by both parties, if and when your party accepts a financing offer made by The Vitala Group.
f. / In the event of other intermediaries / brokers / lenders’ representatives / agents making loan proposals, separate Finders Fees / Commissions may be due and will be advised (where applicable).
Such fees are subject to the signing of a separate agreement and are usually only due when a financing offer has been accepted/ closed by the applicant.
In most cases, lenders will pay these fees directly from the loan proceeds to the intermediary(ies).
Upon submission of loan proposals to the client, loan proposer, broker and financial intermediaries need to be advised that the Vitala Group will require direct contact with those involved in the project finance process after its first introduction.
This requirement is mandatory, in order to comply with the Foreign Corrupt Practices Act (FCPA), the Sarbanes-Oxley Act, and with US Federal Money Laundering regulations under US banking regulations.
The Vitala Group and its associated companies, are not licensed as a Financial Advisor or Security Dealer’s, as defined by laws in the United Kingdom Financial Services and Marketing Act 2000 and other similar legislation prevailing in the European Union, including the United States of America Investment Advisors Act of 1940.
All information contained in this website is not governed by the SEC, the United States Securities Act of 1933, and as amended, The Securities Exchange Act of 1940.
The above form is independently prepared and presented and is not to be construed as a solicitation for investment funds or sale of securities for investment, nor is this a complete report or a form of contract.
The applicant recognises that The Vitala Group is not licensed to sell securities and that this transaction would be exempted under successive legal acts as existing in the legal geographical jurisdiction of the project application.