Checklist
If you are applying for a commercial loan, below is a list of documents that are generally requested during the lending process.
Submit a Commercial Loan Inquiry
Commercial Loans – Fixed Assets, Equipment, Lines of Credit
- Business
- 3 years of business tax returns
- Quarterly interim financials (and prior year comparable)
- Recent quarterly accounts receivable aging
- 12 month forward financial outlook (include any anticipated capital expenditures and material income/expense changes)
- Debt schedule
- Business profile summary (include years in business, ownership breakdown, products/services provided, summary of management structure, etc.)
- Articles of organization or operating agreement
- Personal
- 3 years personal tax returns (W-2 if most recent is not yet available)
- 3 years business tax returns of all pass-thru business income (sch E)
- Current personal financial statement
Business Real Estate – Investment and Owner Occupied
- Real Estate Holding Company
- 3 years of business tax returns
- Current rent roll (tenant name, occupancy date, lease expiration date, monthly rent amount, tenant paid expenses) and Leases if appropriate
- 12 month forward financial outlook (include any anticipated capital expenditures and material income/expense changes)
- Debt schedule
- Business profile summary (include years in business, ownership breakdown, summary of management structure, etc.)
- Articles of organization or operating agreement
- Personal
- 3 years personal tax returns (W-2 if most recent is not yet available)
- 3 years business tax returns of all pass-thru business income (sch E)
- Current personal financial statement