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Igloo Finance Ltd Application Form: Company Information and Financial Statements, Study notes of Finance

An application form for Igloo Finance Ltd, a company registered in the UK. It includes sections for the company's registered and trading addresses, account information, net profit, about the company and its directors and shareholders, other liabilities, assets and liabilities statement, and a bridging loan application. The form also includes declarations and consents for ID verification, credit searches, and data protection.

What you will learn

  • What is the net profit of Igloo Finance Ltd for the last three years?
  • What is the estimated valuation of the security property for the bridging loan?
  • What is the purpose of the bridging loan being applied for?

Typology: Study notes

2021/2022

Uploaded on 09/27/2022

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IGLOO%FINANCE%LTD,%Company%Registration%No.:%08045147%-%Registered%Office:%21%Daylesford%Crescent%Cheadle%Cheshire%SK8%1LQ
Igloo%Finance%Ltd%is%regulated%and%authorised%by%the%Financial%Conduct%Authority%FRN%757611
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Mobile%telephone%number
Name
Date%of%birth
Date%of%appointment
Name%of%bank
Net%Profit
About%the%company!(all!sections!must!be!completed)
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Email%address
About%the%company's%directors%and%shareholders
Number%of%Directors
Name
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Date%of%appointment
Company(bank(account(details
Work%telephone%number
Account%number
Sort%Code
Year%Ending
Net(profit(for(last(three(years
Year%Ending
Net%Profit
Year%Ending
Net%Profit
Company%name
Nature%of%business
Date%of%incorporation
Date%last%accounts%filed
Company%registration%no.%
Company%website
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1/11%
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pf3
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Partial preview of the text

Download Igloo Finance Ltd Application Form: Company Information and Financial Statements and more Study notes Finance in PDF only on Docsity!

IGLOO FINANCE LTD, Company Registration No.: 08045147 - Registered Office: 21 Daylesford Crescent Cheadle Cheshire SK8 1LQ Igloo Finance Ltd is regulated and authorised by the Financial Conduct Authority FRN 757611

Company Application Form

Registered address

Trading address (if different from above)

Account name

Mobile telephone number

Name Date of birth Date of appointment

Name of bank Net Profit

About the company (all sections must be completed)

Postcode

Email address

About the company's directors and shareholders

Number of Directors

Name Date of birth Date of appointment

Company bank account details

Work telephone number

Account number Sort Code

Year Ending

Net profit for last three years

Year Ending Net Profit

Year Ending Net Profit

Company name

Nature of business

Date of incorporation Date last accounts filed

Company registration no. Company website

Postcode

IGLOO FINANCE LTD, Company Registration No.: 08045147 - Registered Office: 21 Daylesford Crescent Cheadle Cheshire SK8 1LQ Igloo Finance Ltd is regulated and authorised by the Financial Conduct Authority FRN 757611

Yes No Yes No

Yes No Yes No

Has the company ever had a Yes No Yes No winding up petition made against it or made arrangements with its creditors?

Has the company used a bridging loan before?

Has the company ever been in arrears with any mortgage payments, credit cards, loans, or any other credit agreements?

Has the company ever been refused a mortgage/secured loan on this or any other property?

Has the company ever had a CCJ or any other judgement or debt registered against it?

Has the company approached any other lenders about obtaining a mortgage on the property to be acquired/refinanced?

If you have answered yes to any of the above questions, please provide full details below (further space provided in section 10)

As well as this form for the applicant Company, we require that each Director complete a separate supplemental application form so they can act as a personal guarantor.

Name Date of birth % of shares owned

If more than 3 directors or shareholders, please provide details in section 10.

Credit Profile

Name Date of birth % of shares owned

Name Date of birth Date of appointment

Number of Shareholders

Name Date of birth % of shares owned

IGLOO FINANCE LTD, Company Registration No.: 08045147 - Registered Office: 21 Daylesford Crescent Cheadle Cheshire SK8 1LQ Igloo Finance Ltd is regulated and authorised by the Financial Conduct Authority FRN 757611

Assets and Liabilities

Full property address Property in the name of Name of lender Estimated value £ Year purchased Purchase price £^ Current debt £

Current monthly mortgage payment £

Current monthly rent received £

TOTALS

Assets and LiabiliTes Supplementary Form

IGLOO FINANCE LTD, Company Registration No.: 08045147 - Registered Office: 21 Daylesford Crescent Cheadle Cheshire SK8 1LQ Igloo Finance Ltd is regulated and authorised by the Financial Conduct Authority FRN 757611

Purchase Re-mortgage Capital Raising Other

Date funds required by Please provide details of the purpose of the bridging loan

What is the source of your deposit?

Please tell us why you are applying for a bridging loan rather than a mortgage or other finance

First Charge Second Charge Other Security address

Yes No

Yes No

Residential BTL Commercial Mixed Excellent Good Fair Poor

Description Rennovation needed? Yes No

About your new loan

Bridging loan details

Why is this bridging loan required? Loan amount required (£) Term of loan required

Security Details

Estimated Valuation (£) First Charge balance (£)

How will loan interest be funded?

Do you or any of your family members live in the property or intend to live in it in the future?

Have you or any of your family members previously lived in the property?

Type of property Condition of property

Postcode

Actual/estimated rental income (£)

Purchase price net of any incentives & discounts (£)

Re-mortgage / capital raising (if applicable)

Original price paid (£) Date of purchase Current lender Current loan outstanding (£)

Rennovation Details

IGLOO FINANCE LTD, Company Registration No.: 08045147 - Registered Office: 21 Daylesford Crescent Cheadle Cheshire SK8 1LQ Igloo Finance Ltd is regulated and authorised by the Financial Conduct Authority FRN 757611

Your solicitor's details Broker / Introducer details

(Minimum of two partners required)

Check Box

  1. Passport copy for directors
  2. Proof of address for applicant company and all Directors
  3. Credit Report for all Directors
  4. Last 3 months of bank statements for all Directors
  5. Company account statements for the last 3 years

Name of firm Name of company

Name of solicitor Name of introducer

DX number Telephone number Fax number

Address Address

Postcode Postcode

Email address

Additional / Supporting Documents

Please include and attach the below required documents to support your loan application.

Document Type

Telephone number Fax number Email address

IGLOO FINANCE LTD, Company Registration No.: 08045147 - Registered Office: 21 Daylesford Crescent Cheadle Cheshire SK8 1LQ Igloo Finance Ltd is regulated and authorised by the Financial Conduct Authority FRN 757611

Additional information

Declaration and Consent

BUSINESS PURPOSES

Articles 60C and 60O of the Financial Services and Markets Act 2000 (Regulated Activities) Order 2001

I am/We are entering into this agreement wholly or predominantly for the purposes of a business carried on by me/us or intended to be carried on by me/us.

I/We understand that I/We will not have the benefit of the protection and remedies that would be available to meet me/us under the Financial Services and Markets Act 2000 or under the Consumer Credit Act 1974 if this agreement were a regulated agreement under those Acts.

I/We understand that this declaration does not affect the powers of the court to make an order under section 140B of the Consumer Credit Act 1974 in relation to a credit agreement where it determines that the relationship between the lender and the borrower is unfair to the borrower.

I am/We are aware that if I am/we are in any doubt as to the consequences of the agreement not being regulated by the Financial Services and Markets Act 2000 or the Consumer Credit Act 1974, then I/we should seek independent legal advice.

I/We confirm that Neither I/we nor any ‘related Person’ (within the meaning of article 61A(6) of the Financial Services and Markets Act 2000 (Regulated Activities) Order 2001) are currently residing, will be residing or are otherwise permitted to reside in the Property to be used as security for the Loan at any time now or in the future.

I/we understand that the definition of ‘related person’ includes anyone who is a spouse, civil partner, parent, brother, sister, child, grandparent or grandchild, or any other person whose relationship with me/us has the characteristics of the relationship between husband and wife.

I/we further confirm that I/we are entering into this loan for the purposes of temporary finance only.

IDENTIFICATION CHECKS, CREDIT SEARCHES AND DATA PROTECTION.

I/we understand and accept that in assessing this application, IGLOO FINANCE and lenders will make inquiries about me/us, including but not limited to searching any records held by ID verification, credit reference agencies and fraud prevention agencies. I am/we are aware that if I/we give IGLOO FINANCE false or in accurate information and it suspects fraud, it will record and report this.

I/we hereby authorise and consent to IGLOO FINANCE and lenders undertaking an ID verification search and credit search against me/us (and anyone financially linked or related to me/us) at any credit reference and fraud prevention agency it seems appropriate. This information may be disclosed to the credit reference and fraud prevention agency and will be used to help make decisions about credit and credit related services, recovering debts, preventing money laundering and fraud and to manage accounts. IGLOO FINANCE, the ID verification, credit reference and fraud prevention agencies will also use the information provided for statistical analysis about credit insurance and fraud and for market research.

IGLOO FINANCE may try and add to my/our records details of the search and the application for funding and this will be seen by other organisations that make searches on me/us. Details of any of the ID verification, credit reference and fraud prevention agencies can be obtained by contacting IGLOO FINANCE directly.