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Fund It

Fund It. 5 C’s of Credit. Capacity ability to generate sufficient cash to repay debt Collateral security pledged for the repayment of a loan (CRE/personal residence/cash/equipment) Capital borrower’s “skin in the game” Character borrower’s track record Conditions

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Fund It

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  1. Fund It

  2. 5 C’s of Credit Capacity ability to generate sufficient cash to repay debt Collateral security pledged for the repayment of a loan (CRE/personal residence/cash/equipment) Capital borrower’s “skin in the game” Character borrower’s track record Conditions macro/micro economic factors

  3. The Start-Up Deal *includes SBA Guarantee Capacity Projected DSC ratio: 1.1x – 1.25x (Total Free cash flow/Annual debt payments) Collateral 100% collateralized Combination of business and personal assets Capital 10%-50% down (depending on industry) Character Min. credit score 650-680 Conditions Industry/location dependent

  4. Financial Package Last 3 years of personal tax returns Available business tax returns* Personal Financial Statement description and totals of assets & liabilities for individual guarantor(s) Pro Forma (projected) Income Statement first 12 months + end of year 2 Pro Forma Cash Flow Statement Pro Forma Balance Sheet* month 12 & month 24 Budget sources & uses of funds

  5. Non Bank Lenders Community Capital Development - http://seattleccd.com/drupal/ccd/loans MercyCorps Northwest - http://www.mercycorpsnw.org/what-we-do/loan-program/ Lummi Nation CDFI – http://www.lummicdfi.org Commercial Finance Group, Summit Financial Resources, & others http://www.cfgroup.net/, http://www.summitfr.com

  6. Top Ten Crowdfunding Sites Investment Based Investment based and donor-based Small business loans - local, social investing Angel investment for startups Create your own crowdfunding community

  7. Donation Based Unique marketing partnership Funding for causes and charity Predictive analytical ranking - apps only Crowd-sourced funding & community innovation Takes all kinds of projects except investment Curated projects, tighter focus on creativity

  8. Benefits of a Kickstarter Campaign Funding Access to a broader community of support Proof of concept

  9. How it works Specific, tangible project Art, Comics, Dance, Design, Fashion, Film, Food, Games, Music, Photography, Publishing, Technology, and Theater. Rewards Description Pledges - all or nothing 8-10% goes to Kickstarter & Amazon Deliver rewards

  10. A Successful Kickstarter Start now - build social networks Research successful/unsuccessful projects in your area Great project image Attainable funding goals (keep it lean) 20% threshold Great rewards (remember shipping costs) Something of value Limited edition rewards Exciting new rewards at half-way Discount reward at end of campaign

  11. Reasonable deadlines • Shameless self-promotion • An excellent video • Timing of launch • Project updates • Immaculate reward delivery

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