International Loan Application Forms: Fill & Download for Free

One major way that you can get into very serious legal trouble with the IRS is to fail to disclose all of your income. Tax evasion, remember, was the charge that was laid against Al Capone. That is the crime for which he finally went to prison. They couldn’t manage to pin anything else on him.So, especially when your income is very large, you disclose all of your income sources on your income tax returns unless you are a complete fool. You hide nothing, you make everything appear legal. You shade the numbers - yes; you use every legal dodge to reduce what you will pay in taxes, but you hide nothing.For people earning much, much less it is very common to have undeclared income - people living in the cash economy do this all the time. As long as the transactions are not too large they don’t legally have to be reported and so can be left off the books, and as long as you don’t get too greedy, you can easily pass under the radar as a small contractor.Trump’s tax returns will appear legal on the surface, of that you can be quite sure, and it is very likely that he has not concealed any source of income.But that means he must have disclosed in those returns a huge number of business entities with which he has dealt over the years, and it is precisely in the nature of those entities and his transactions with them where his criminal exposure is likely to lie. That is a big part of the way in which he has been compromised by Russian “oligarchs”.Doing business with known criminals, or those operating criminal enterprises, and inducing banks to lend money to you, without disclosing their criminal pasts on the loan application, is bank fraud, conspiracy to commit bank fraud, and it is also a violation of the RICO laws. Over the years it is very likely that Trump has knowingly done business with many, many such people.Trump Soho, a failed real estate venture in Lower Manhattan, with Trump’s name on it, was quite likely intended as a vehicle for international money laundering. Other illegal businesses appear to have been operated out of the building, by the now defunct company, Bayrock, which put up a large part of the funding for the construction, which appears to have come through a hotel magnate, an oligarch from the former SSR, Khazakhstan.Trump Tower NY, itself, has also likely been used in the same way over the years.About two or three years back the NY Times did an excellent five part investigative series on how the money laundering business in real estate actually works. It turns out that in many of the new extremely expensive residential buildings that went up in Manhattan in the years following the 9/11 attacks it is completely impossible to know who owns most of the apartments, and they exchange hands at enormous prices, sometimes even for cash.It is the whole web of connections that Donald Trump needs to hide, at least until the statute of limitations on the various potential bank fraud and RICO violations runs out.Trump’s family has always done business with the NY and NJ mafia. It was a pre-condition of working in the construction industry in the early days. To a large extent it still is. In the late 1980’s and early 1990’s as he began to run into serious financial problems with the Trump Taj Mahal, it seems he decided to branch out into dealing with the Russian mob.That in my opinion is the reason that Trump refuses to release his tax returns. The web of firms that would be revealed would then be easily traced, by investigative reporters, and he would be implicated in crimes.Now as to Trump’s connections with Russia they are as yet not totally clear - but I will note two things.Trump has a consistent pattern of lying about and denying any such connections: they are only admitted once an investigative reporter finds them out and publishes. He can settle the whole issue by opening up the books of the Trump Organization. He acts as if there is something to hide. He says there is nothing to hide that it’s all above board. If in fact there is nothing to hide then why not just let it all come out?I would suggest remembering this name: Felix Sater. He is intimately connected with the Trump Soho project. He worked for Donald Trump and carried a business card with Trump’s name on it. Trump denied even knowing him by sight in a sworn deposition, but admitted he knew of his criminal past in another. Sater is a convicted violent felon, who stabbed someone in the neck with a broken glass during a bar fight in 1991, and he is known to have cooperated in major Federal investigations in the late 1990’s and early 2000’s: he turned State’s evidence and his records are all sealed under a grant of immunity.So who is Felix Sater? What exactly are his connections with Russia?Donald Trump, Tevfik Arif, and Felix Sater. (Trump Soho Launch Party, September 19, 2007)

The process each bank follows will vary, but the following is fairly typical:1. Relationship Manage (RM) finds potential deal.2. RM discusses deal with his sales manager and gets a quick go/no decision.3. If it's a go, then the RM will request supporting documents from the borrower. At a minimum, this usually includes: 2 years of tax returns for both the business and the guarantors, a personal financial statement for each guarantor, a current financial statement for the business (may be CPA prepared), accounts receivable listing (for commercial businesses), rent roll and project renderings (for real estate), and any other document that will support the loan request.4. After reciept of documents, the lender will hand off the deal to a credit analyst who is responsible for underwriting the loan.5. The analyst will put together an internal document that typically includes the following:A summary of the loan request:Amount, Term, Rate, Guarantors, What the company is going to use the funds for, etc.Information about the company:Who are the principals, how long has it been in business, what do they do, what is their relationship to the bank, etc.Industry Research:What are the prevailing trends in the industry, how does this company compare to other companies in their industry, who are their competitors, what is the industry outlook, etc.Repayment Analysis (This is the most important section):In this section, the credit analyst will take all of the financial data that they have received and make an attempt to estimate the company’s ability to repay the loan. This includes analyzing past data, looking at growth trends, industry trends, proposed loan terms, and certain assumptions that will get them to a number called the DSCR or Debt Service Coverage Ratio. Typically financial statement spreading software such as http://www.moodysanalytics.com is used to aid this this process.The DSCR is the company’s free cash flow divided by the estimated debt service on the proposed loan. For a real estate loan, the process is the same, but the analyst will look at the cash flow being generated by the property in question by constructing a proforma, sometimes using software like Argus (http://www.argussoftware.com) or PropertyMetrics (http://www.propertymetrics.com).Company/Borrower Financial Analysis:This section will explore the financial statements of the proposed borrower. It will look at historical trends, critical ratios, and interim data to determine the financial health of the borrower.Individual/Guarantor Financial Analysis:Many bank loans require the individual guarantee of the company principal(s). As such, an analysis is performed on each of the individuals who will be guaranteeing the loan, analyzing their ability to cover any shortfalls in the debt service should things not go as planned. The focus here is usually on guarantor liquidity or how much cash they have in the bank, other contingent liabilities, and excess personal cash flow.Relationship Analysis:This analyzes the customer’s relationship with the bank. Are they a current customer? Do they have deposits? What other loans are outstanding?6. Once the credit analyst has completed the loan approval document, it will be given to the relationship manager for review. Typically there will be 2 or 3 rounds of tweaking.7. With the analyst and the relationship manager on the same page, they will present the loan approval document to the credit officer for approval. Again, it is common for there to be more tweaks and internal discussions to shape the deal into something that the credit officer is comfortable with.8. Once the credit officer has approved it, the relationship manager will send a term sheet to the borrower, outlining the bank approved structure of the proposed loan. The Borrower may attempt to negotiate certain points of the deal, but usually doesn’t have a lot of room to work with. If the Borrower accepts the terms of the loan, they will sign the term sheet and the bank will issue a commitment letter.9. Once the term sheet has been signed and the bank has issued a commitment, the loan will be routed to either the bank’s internal loan operations area or to an attorney for the preparation of the loan documents.10. Once the loan documents are prepared and the borrower has reviewed them, the bank and the borrower will meet to sign them and the loan process is complete.

It's a big deal for Trump after he's out of office because his tax returns are going to lead to him being convicted for bank fraud, which is why he's been fighting tooth and nail to keep his returns out of investigators hands.After his string of bankruptcies in the 90's no one would lend him money, or they wouldn't do so without demanding highly favorable rates, so Trump had to go elsewhere for his funds, so he went and found a lender in Germany--Deutshe Bank. Trump has applied for and received hundreds of millions of dollars from Deutsche Bank over the years. Specifically, in 2005, Trump overstated his personal wealth by $2.2 billion when applying for a loan to build the Trump International Hotel and Tower in Chicago around 2005. In 2010, a Deutsche Bank team tasked with investigating his financial records reportedly discovered that Trump was inflating the value of some of his real estate assets by up to 70 percent. Trump was seeking financing for his Doral Golf Resort and Spa in Miami. Trump lied to Deutsche Bank again in 2014 as part of his bid to buy the Buffalo Bills football team, according to congressional testimony given by his former lawyer, Michael Cohen.What do his tax returns have to with the above mentioned loans? They provide an accurate accounting of his personal wealth at the time he applied for those loans vs the fictional wealth he claimed to possess at the time.When anyone lies to a bank in order to receive credit or approval to underwrite a securities issue, this is called fraud. People lie to banks, because they are looking to receive not only approval for a loan or an investment product, but also because they are looking for more favorable terms, such as a longer maturity on a loan or lower interest rates, than they would have received if they told the truth. Having knowingly lied on his loan applications, Trump committed bank fraud, which is a federal offense, and the statue of limitations in New York State for that offense is fifteen years. So while he won't be charged for fraud on his 2005 loan, the other two are hovering overhead and aren't going anywhere. And considering that the last four Manhattan D.A.’s have all been Democrats, and so will the next one, it's highly unlikely that he's going to be offered a deal or recieve a favorable sentence recommendation after he's convicted. That's what happens when you make enemies…just ask Paul Manafort and Rick Gates, who both, uncoincidentally, also had financial ties to Deutsche Bank.