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Business Loan Checklist

Meeting with a Business Lender?

Save time by bringing the following documentation to your first meeting:

  • The amount you are requesting and the purpose of the loan
  • Business income tax returns and financial statements from the past two years
  • Personal financial statements for each individual owning 20% or more of the business and their personal income tax returns from the past two years
  • Financial statements, including balance sheet, income statement, and accounts receivables and payables aging summary reports
  • For commercial real estate, a copy of existing and proposed deed and current property tax bill
  • If property is being pledged as collateral for the loan or if you'd like to consider that option, valuations and statements about the property
  • Partnership agreement, Corporate or LLC documents, if applicable
  • For construction loans, building plans, budget or schedule of values, copies of building permits and site approvals
  • Copy of the purchase order or invoice of equipment with serial or ID numbers, if applicable
  • Copy of the purchase and sales agreement, if applicable

If you have questions.