info@vitalagroup.com Contact us Vitala Group 40 years
International Developers, Managers and Consultants to the Leisure, Tourism and Themed Entertainment Industry

PROJECT FINANCE APPLICATION FORM

“We do not charge up-front fees”

We charge a percentage success fee only upon an applicant accepting finance through The VITALA GROUP of Companies, at the applicant's sole discretion.

We do not accept finance applications for less than a minimum US$ 8.0 million equivalent, per individual project application.

PLEASE NOTE THE FOLLOWING:

We are unable to reply without the applicant complying with the below:

 

1. Please click on the FAQ section of the main web page and read all Frequently Asked Questions before endorsing this project application form.

2. Please complete this form and click Submit when prompted.

3. This questionnaire is for an initial project loan appraisal only. At this stage none of the information supplied by you is binding upon either party.

4. Please use separate pages for any additional explanations you may wish to submit and please allow up to 10 working days for us to reply.

5. No support documents are required at this stage. We are unable to review those at this early stage of investigation.

6. All information submitted is confidential and is not passed on to third parties, subject to a Confidentiality / Non-Disclosure / Non-Circumvention Agreement to be entered into with the applicant.

7. Applications not submitted in the English language cannot be responded to.

We do not permit any of our international representatives / brokers to ask for/ solicit/ demand - any up-front payments / fees / costs reimbursements and / or to create any conditions as a prelude to seeking and obtaining project financing from The VITALA GROUP of Companies.

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 of Companies 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 by the laws of the UK Bribery Act 2011, which prohibits:

Ø  The bribing of another person.

Ø  The bribing of foreign officials.

Ø  To deal with commercial organizations who fail to prevent bribery.

 

8. Upon submission of loan proposals to the Client, loan proposers, brokers and financial intermediaries need to be advised that the VITALA GROUP will require direct contact with those involved in the project finance process (developers / clients), after the first introduction through intermediaries.

 

a) This requirement is mandatory, to comply with:

 

Ø  The Investment Advisory Act 1940 – USA

Ø  The Foreign Corrupt Practices Act (FCPA) – USA

Ø  The Sarbanes-Oxley Act 2002 – USA

Ø  US Federal Money Laundering regulations under US banking regulations

Ø  The Financial Services & Markets Act (FSMA) 2000

Ø  The Dodd-Frank Act 2010 (Wall Street Reform & Consumer Act Protection – USA)

Ø  The Law on Investment and Enterprises 2014

Ø  The General Data Protection Regulations 2018 (GDPR) – EU

Ø  The Legal Entity Identifier (LEI/MiFID II) - UK

PROJECT FINANCE APPLICATION - GENERAL NOTES:

a.

Under various international legal regulations, the applicant is fully responsible for all the development costs for bringing the project to the table.

 

b.

This application for project finance does not constitute an offer and / or solicitation covering the procurement of project loans to be financed by The VITALA GROUP of Companies or any of its subsidiaries / associates' companies.

 

c.

In the event of The VITALA GROUP and / or any of its subsidiaries / associate companies directly financing a project application, no Success Fees / Commissions shall become due.

 

d.

We do not charge up-front fees or any other hidden fees. We charge a percentage success fee only upon an applicant accepting project finance through The VITALA GROUP, the acceptance is always at the applicant's sole discretion.

 

e.

It should be noted that neither The VITALA GROUP nor its associate companies, directors, shareholders and / or affiliates receive any Finders Fees / Commissions from any other sources, during and after the loan application process.

 

f.

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 some of our Executives, to meet your team, view the site location 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 you and your party accepts a financing offer made by The VITALA GROUP.

 

Legal Due Diligence mandates that we inspect the project site / land location.

 

g.

The brokers/ intermediaries/ lenders' representatives/ agents entitled to Finders Fees/ Commissions are subject to the signing of a separate agreement and commissions are usually only due for payment when the project financing offer has been accepted / by the applicant.

 

The VITALA GROUP and its associated subsidiary companies are not licensed as Financial Advisors or Security Dealers, 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 Advisor Act of 1940.

 

All information contained in our website www.vitalagroup.com is not governed by the SEC, the United States Securities Act of 1933, or as amended, the Securities Exchange Act of 1940.

1.
Date form submitted:
05-12-2024
2.
HOW DID YOU FIND OUT ABOUT US?
3.
I / we confirm having read the FAQ (Frequently Asked Questions) on your website: www.vitalagroup.com
4.
PROJECT APPLICANT / OWNER / BORROWER, SEEKING PROJECT LOAN:
a.
FULL NAME:
Are you a:



b.
CORPORATION FULL NAME:

Completing this application form. (Must be the developer / borrower)

c.
Developer's current profession /status:
d.
Developer's correspondence full address:
e.
Website (if existing):
f.
Office telephone number:
g.
Mobile telephone number:
h.
Email address:
i.
Has the developer / borrower:
Approved the contents of this Project Finance Application Form?
Received a copy of this completed Project Finance Application Form?
j.
Is this the first time you are seeking financing for this project?
k.
If NO, when did you start seeking finance for this project?
l.
Who did you approach for project financing in the past?
5.
DESCRIBE THE CORPORATION/ ENTITY /COMPANY-SEEKING PROJECT FINANCE: (What is its legal status, only if formed already) (Corporation, LLC, Partnership, Inc., Ltd., Pty., Charity, Sole Proprietor, other):
a.
NAME OF THE PROJECT (if chosen already):
b.
Details of registered corporation/applicant:
c.
Name of registered company:
d.
Date company established:
e.
If company is under formation, please state date started:
f.
Company registration no. (if any):
g.
Legal location of company registration:
h.
Authorized capital in local currency:
i.
Paid up capital in local currency:
j.
State type of local currency:
k.
Currently trading as: (if already trading):
6.
CURRENT OWNERS and / or SHAREHOLDERS (at the time of application)
TITLE
FULL NAME
HOLDING PERCENTAGE
7.
COMPANY BOARD OF DIRECTORS AND OFFICERS' NAMES (at the time application)
TITLE
FULL NAME
APPOINTED TITLE
8.
DESCRIBE YOUR PROPOSED PROJECT: (For which you are seeking finance).
a.
Type of proposed project:
b.
Location of proposed project site:
c.
Nearest International airport to project site location:
d.
e.
Total project loan amount you are seeking in US $ (excluding equity / past development costs):
f.
Available site land area (specify measurements):
g.
Is land site zoned for your loan purposes already?
h.
Is land site re-zoning required?
i.
Registered project site location and address (as featured in your land deeds):
j.
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:
Some other works done (study/ research/ other):
9.
DETAILS OF WORKS ALREADY COMPLETED: (where applicable)
a.
Marketing Feasibility Study (MFS):
b.
Financial Feasibility Study (FFS):
c.
Business Plan (BP):
d.
Development Budget (DB):
e.
Initial Outline Architectural Master Plan (IOAM):
f.
Final Architectural Master Plan (FAM):
g.
Environmental Impact Study (EIS):
h.
Social Impact Assessment (SIA):
i.
Information Technology Survey (ITS):
j.
Biological and Environmental Assessment (BEA):
10.
OTHER TESTS COMPLETED:
a.
Quantity survey obtained / completed?
b.
Construction estimate completed?
c.
Building application submission date (if applicable)?
d.
Planning applications has already been submitted?
e.
Are the following tests completed?
Water:
Soil:
Rock Bed:
f.
Has the land already been acquired?
g.
State month / year of acquisition?
h.
Was a deposit needed to secure the land site?
i.
If land site is not acquired, has a written option contract been secured?
j.
Date of written option contract secured:
k.
Is a written topographical land survey available?
l.
Date of topographical survey:
m.
Is a land value survey available? (current land value)
n.
Date of the land value survey:
11.
LEGAL DUE DILIGENCE / 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?
b.
Are there any outstanding litigation matters against the company and / or its owners / officers?
c.
Are your shareholders prepared to submit a due diligence investigation / procedure?
d.
Is there any information about the Shareholders / Investors / Directors / Project which you do not wish to disclose in the future?
e.
Are you prepared to disclose to us all sources which have been approached in the past for equity / loans for this project?
f.
Do any of your current shareholders intend to serve in a future senior management role in your project?
g.
Have you got any objections to a number of other brokers / intermediary sources being involved in locating project finance?
12.
Project Loan:
a.
Are there any past outstanding loans to repay from the loan(s) you are seeking? (Not necessarily for this project)
b.
Do you seek a loan only?
c.
Do you seek equity (in addition to a loan)?
d.
How much do you seek?
e.
TOTAL PROJECT LOAN AMOUNT SOUGHT
13.
Loan Capitalisation: (Please calculate the estimate total of your project costs)
a.
We have already incurred expenditure / development costs / other equity invested:
b.
We intend to increase our current equity in (a) by:
c.
We have additional cash deposits on hold in total of:
14.
OTHERFINANCIAL INFORMATION REQUIRED:
a.
How much has been provided by the Shareholders as equity / partnership / joint venture so far? (Other than in "(13a)" above)
b.
How much additional equity are you seeking (if any)?
c.
How much total loan capital are you seeking? (project financing only)
d.
TOTAL ESTIMATED PROJECT COSTS: (NOTE: total of amounts in (b) and (c))
e.
Are you contemplating using all / part of any future loans for any payments other than for your project?
15.
PROPOSED LOAN PERIODS: Please state your preferred loan period (excluding existing and /or additional equity requirements).
Syndicate project loans are long term loans.
Please tick only one option:
a.
b.
c.
d.
16.
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.,...)
17.
HOW DID YOU FIND OUT ABOUT US?
a.
In the process of searching for project 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 / fees instalments / advances, as a precursor to seeking project finance through The Vitala Group of companies?
b.
If YES, please state by whom / state the name:
c.
If YES, please state the amount / inducement demanded:
d.
Has a broker / representative /intermediary or any of your associates / partners provided any consultancy works for this applicant, applying for the project finance loan?
e.
If YES, please describe in detail:
f.
Has a broker / representative / intermediary entered already into a written commission agreement / participation agreement, benefitting him /her with the developer / client applying for project finance?
g.
If YES, please describe in detail:
h.
Has a broker / representative / intermediary been paid, or does he expect to be paid by the developer / client applying for the project finance any commission / monies / inducements?
i.
If YES, please describe in detail:
The above project finance application 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.
The above does not represent the public policy of any bank or financial institution.
Finance application terms and availability are subject to change.

Thank you for the interest you have shown in The VITALA GROUP of Companies and we shall respond to your enquiry soon.

www.vitalagroup.com

Email: info@vitalagroup.com

Phone: +44 (0) 20 8991 9556

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