Home > BORROWER REQUIRED DOCUMENTS
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List of Documents Needed: ( Additional documents may be required)
- Executive Summary with exit strategy
- Business Plan
- History of the Business
- Completed 1003 Application
- Credit Report within 30 days
- Purchase Contract Agreement
- 3 Years Business Tax Returns (Seller) / 3 Years Personal Tax Returns
(Borrower)
- Personal Financial Statement of Borrower(s) (within 30 days)
- Current Business Financial Statement
- Current Year to Date Profit & Loss Statement
- 3 Years Balance sheet & Profit & Loss Statement
- Income & Expense Projections (12 months)
- 6 months Bank Statements (Business)
- Borrower(s) Resume
- Articles of Incorporation
- Certificate of Good Standing
- Business License
- Copy of Current Property Tax Bill
- Rent Roll & Leases (to include: tenant name, unit number, sq. ft of each
unit, rent amount, date lease started, expiration date of lease) If
Applicable 4 Color Photos of the Property (Inside & Outside)
ALL DOCUMENTS MUST BE IN ELECTRONIC FORMAT AND SHOULD BE ABLE TO BE TRANSMITTED VIA EMAIL. WE ACCEPT CPA/Accountant FINANCIAL STATEMENTS ONLY.
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