Loan Request Package Definition

for Small Businesses

 

Initial Package

1. Completed application form

2. Business tax returns including all supportive schedules (Last 3 years)

3. Business financial statements (Last 3 years)

4. Business interim financial statement

5. Executed Purchase agreement/escrow statement (if purchasing real estate

 

Loan Request Package

(After determination of loan eligibility)

1. Summary of the Loan Request

2. Historical Balance Sheet and Income Statements

3. Projected Balance Sheet and Income Statements

4. Summary of Financial Performance & Ratios

5. Accounts Receivable Agings

6. Accounts Payable Agings

7. Breakdown of Inventory

8. Schedule of Fixed Assets

9. Property Appraisals / Project Information

10. Summary of Collateral Values

11. Personal Financial Statements

12. Business and Personal Tax Returns

13. Summary of the business and Industry

14.  Other Information