Get A Loan
Once your Loan Application is complete, you will be need to submit the following items for a credit approval. The list represents the minimum standards for a credit approval submission. Other items may need to be obtained prior to a credit approval.
 3 Years of Financial Statements
Include 3 years of Financial Statements for any eligible passive companies associated with the transaction and any affiliate companies of any guarantor owning 20% or more of the borrowing entity
3 Years of Corporate Tax Returns
If certain years have been extended please provide appropriate extension
2 Years of Income Statement Projections
Interim Financial Statements
Must be within 60 days of credit approval submission
Accounts Receivable, Accounts Payable and Inventory Reports
A/R, A/P & Inv. reports for the period ending that is provided with the Interim Financial Statement as well as current
Personal Financial Statement
Personal Financial Statement for all owners of 20% or more of the borrowing entity
Resume
Resume for all owners of 20% or more of the borrowing entity
3 Years Personal Tax Returns
3 Years Personal Tax Returns for all owners of 20% or more of the borrowing entity
Other Items (If available)
• Corporate Business Plan
• Organizational Documents
• Fixed Asset List
• Fixed Asset Appraisals (Machinery & Equipment, Commercial Real Estate)
• Commercial Real Estate (Survey, Title-Work, Environmental Reports) |
