SWIFT Loan Application Form

LOAN APPLICATION FORM
Supporting businesses to grow and prosper is the essence of SWIFT’s focus. One way we do that is by offering loans from $50,000 for businesses to implement their strategy for growth. Here are the things you need to know as a business.

SWIFT’s interest is in South Waikato, so businesses must be located or in the process of relocating/expanding to the region to meet loan application criteria.

We are very interested in the following:
- Applications that assist the business in creating jobs in the South Waikato area, particularly in hiring employees from the South Waikato.
- Applications to create new business and/or growth opportunities within the South Waikato, possibilities including and not limited to relocation/expansion/plant/ equipment.
- Level of personal investment in the business or start-up project and/or other joint venture partner’s involvement.
- Businesses that value sustainable employment at various levels and employee growth including those businesses who enable people to enter the workforce and provide upskilling opportunities.
- The business plan with the financial forecast and scope for local procurement and/ or partnerships.
- The business’ commitment to provide training for staff, as well as opportunities for career development and growth such as apprenticeships. Added consideration is also given to businesses creating a new service, product and/ or innovation in the South Waikato, as well as those delivering and/ or enhancing community infrastructure that encourages external promotion of the South Waikato district.
SWIFT reviews all applications, and those who meet the criteria are subject to further evaluation by independent experts before a loan offer is made. The process is expected to take four- six weeks. If successful, there is a loan administration fee of $5,000 to be paid by the borrower to contribute to legal costs. Loans must be accepted within three months of an offer being presented by SWIFT and funds must be accessed within six months.

In addition to the loan, SWIFT will facilitate business support services to encourage the development of future growth strategies throughout the duration of the loan period, at no charge to the business.
You will be asked to upload documents throughout this form.

Please do not start completing this form until you have in electronic/pdf format a copy of the following:
- a bank deposit slip or bank statement in the name of your business.
- 2-3 year financial forecast summary.
- a funding table indicating the total cash funding required for each of the project stages, and the cash funding sources.
- a copy of your organisation's last 2 years financial statements including P&L and Balance Sheet (preferably audited where available).
- any other supporting documentation

ORGANISATION STRUCTURE AND LEGAL STATUS INFORMATION
What is the legal name of your business (and any ‘trading/as’ title)? *
Select one of the following categories that best describes your business? *

Company Complying Trust Partnership Sole Trader
Is your business GST registered? *

Yes No
Please advise the GST number: *
Governance structure (i.e. Directors, Trustees etc.) *
When did your business being trading? *
Number of years operating in the South Waikato *
Is your business controlled by or affiliated to any other business/organisation? *

Yes No
Please specify *

POSTAL ADDRESS *

Street/PO Box

Town/City

Postcode
Is the physical address the same as the postal address? *

Yes No
PHYSICAL ADDRESS *

Street/PO Box

Town/City

Postcode
Phone *
Email *
(Once application has been submitted a confirmation email will be sent to this address)
BANK ACCOUNT DETAILS
Please attach a preprinted bank deposit slip or copy of physical bank statement in the name of your business *

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Account Name *
Bank *
Branch *
Bank Account Number *

CONTACTS

Please identify one appropriate person who can be contacted by SWIFT regarding your application and one alternate contact.
Primary Contact's Name *

First Name Last Name
Position *
Email *
example@example.com
Telephone *
Mobile *
Alternate Contact's Name *

First Name Last Name
Position *
Email *
example@example.com
Telephone *
Mobile *
Business Lawyer *
Name of Law Firm
Name of Lawyer *

First Name Last Name
Email *
example@example.com
Telephone *

BUSINESS DETAILS
State your business purpose and objectives *
What services and/or programmes does your business currently provide? *
State your business history and 3-year plan *
STAFF
Full-time staff *
Part-time / casual staff *
Volunteers *
Number of staff working in the South Waikato District *

PROJECT OVERVIEW AND TIMELINE
Project description (in its entirety) *
Timeline (estimate the overall duration of the project and provide a timeline with key milestones.) *
ECONOMIC IMPACT
Describe what the project will mean in terms of economic impact to your business (e.g. improvement in profitability, revenue, competitive position) *
Provide a 2-3 year financial forecast summary *

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COMMUNITY IMPACT
Describe what the project will mean in terms of community impact (e.g. creation of new business and/or growth opportunities, new facilities etc.) *
Estimate the number of jobs in the South Waikato District that will result from completion of the Project *
Describe briefly those jobs (e.g. manufacturing, sales, management etc) and the skill sets required (e.g. on-job training sufficient, trade qualification, warehouse experience etc.) *
How long before we see these jobs, assuming the project goes ahead? *
Indicate training opportunities available to staff, if any (e.g. apprenticeship, pathways into employment etc.) *

FINANCIAL SUPPORT REQUIRED
Loan Amount Requested: *
Indicate what resources (cash and in-kind) have been spent on the project to date by your business and any support from other key stakeholders (include their names) *
In a funding table, indicate the total cash funding required for each of the project tasks and the cash funding sources (e.g. business contribution (cash and in-kind), SWIFT, other external organisations)
Upload the funding table *

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What form of funding is required / preferred from SWIFT? (Select all that would be considered). *

Loan (Secured / Unsecured, Interest bearing or not) Equity Investment (this will require further due diligence phase)
Describe why funding is required from SWIFT (e.g. land is leased, bank limits, cost of funds etc.) *
Is other funding required or anticipated to complete the project? *

Yes No
If so, how will that be achieved? (Please detail): *

PROJECT PLAN AND MANAGEMENT
Describe the project as a series of discrete stages (e.g. seek resource consents, build new operating plant, construct facility, engage technical advisors, etc) that once completed will deliver the proposed jobs. *
Outline how the project will be managed and governed. *
Outline the procurement process for the proposal if SWIFT funds are being used to secure third party resources. *
RISK ANALYSIS OF PROJECT
Outline the risks of this project and score their likelihood of happening (1=low, 5=high) and level of impact (1=low, 5=high) and planned mitigation actions. *
Competitor analysis. Identify the key competitors and clarify anypoint of difference or competitive advantage that is offered. *
Any current or potential conflicts? *

Yes No
Please specify: *

FINANCIAL STATEMENTS
Upload the last 2 years Financial Statements including P&L and Balance Sheet. Preferably audited where available. *

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REFEREES
Please provide the names and contact details for 3 referees relevant to this project *
FURTHER INFORMATION
1. Further information specific to the Project (e.g. proof of ownership of critical IP) may be requested by SWIFT management.

2. The applicant can attach any further documents, at its discretion, that increase SWIFT understanding of the Project and this Proposal.

3. If you have any questions or need assistance completing this Application form, please contact SWIFT management as per contact details shown on our website www.swift.org.nz
Upload any further documents here

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DECLARATION & CONSENT UNDER PRIVACY ACT 2020
This must be signed by two people from your organisation - one must be the Director/Chairperson. (These people may be contacted if more information is required).

By signing the loan application form, you are confirming that the content of the application is true and correct. Please also note that if any changes are made to the application post it being approved by SWIFT such that new legal documentation or financing statements require alteration the cost of those changes will be capitalised to the loan amount.

We hereby declare that the information supplied here on behalf of our organisation is correct. We consent to SWIFT collecting the details provided, retaining and using this information for the purpose of this application. We acknowledge our right to have access to this information. This consent is given in accordance with the Privacy Act 2020.
Name *
Address *
Position *
Phone *
Email *
Date

Day Month Year
Date
Signature *

Clear
Name *
Address *
Position *
Phone *
Email *
Date

Day Month Year
Date
Signature *

Clear
Should be Empty:

LOAN APPLICATION FORM

ORGANISATION STRUCTURE AND LEGAL STATUS INFORMATION

BANK ACCOUNT DETAILS

CONTACTS

BUSINESS DETAILS

PROJECT OVERVIEW AND TIMELINE

ECONOMIC IMPACT

COMMUNITY IMPACT

FINANCIAL SUPPORT REQUIRED

PROJECT PLAN AND MANAGEMENT

RISK ANALYSIS OF PROJECT

FINANCIAL STATEMENTS

REFEREES

FURTHER INFORMATION

DECLARATION & CONSENT UNDER PRIVACY ACT 2020