An organizational chart is a clear overview of the organizational structure that we draw up as a consultant to provide the lender with relevant insights and information for the mortgage application. Sometimes the document is called an organization chart. The document is important when applying for financing for an entrepreneur, for example with the DGA-mortgage. An organization chart is certainly necessary for more complex BV constructions, but it is also wise to make a nice drawing for simple structures or joint investments in real estate. The organization chart shows the relationship between people and companies with regard to shareholding and control.
Goal of an organization chart
To better understand an entrepreneur, it is useful to provide an organizational chart from the perspective of the natural person when applying for a mortgage. The purpose of an organization chart is to be able to see where within the structure the money is actually being made. All kinds of participations can arise from a company. Entrepreneurs partly sell companies, set up strategic partnerships, buy in by investing in shares of a company, start a new startup and operating company or start a joint venture with others. For determining the business income it is important whether there is a so-called majority interest (>50%) or a minority interest (<%50. An organization chart must answer whether there is grip on the cash flow This information can also be obtained additionally from the dividend policy of the BV or NV and the minutes of the General Meeting of Shareholders (AGM).
How do I get an organization chart?
At Bliss, the advisers create an organization chart for a financing application and add the document to your mortgage file. The consultant draws up an organization chart based on the information provided and a good conversation with the entrepreneur. An organizational chart of the Chamber of Commerce only shows 100% participations. By looking further, it is possible to get a better picture of the actual situation. As a result, successful financing can be one step closer or a higher mortgage sum can be achieved.
More advice information?
Pay attention! Do you have a holding company with several operating companies? In that case, we recommend that you always contact us. We are happy to discuss your personal situation and wishes. Our mortgage advisors are specialized in these cases and can determine your DGA income themselves. At Bliss, we immediately know which questions the bank will ask and how we can prepare for them.
