The following checklist is intended to assist you in gathering the necessary information for the evaluation of your loan request. These forms may be printed and filled out by hand.

Loan Request/General Information

Schedule of Collateral Form

History and Nature of The Business (include any brochures, etc.).

Business Acquisition Questionnaire, if applicable.

Notes Payable Schedule for subject business and any affiliates, dated the same date as the current balance sheet.

Accounts Receivable/Payable Aging Summary for subject business and any affiliates dated the same date as the current balance sheet.

IRS Form 4506 signed by the president, secretary, managing member or partner of the business.

Customer Identification Verification Form & Copy of ID, one for each borrower or guarantor.

Personal Financial Statement for each owner of 20% or more of the business, all guarantors, and all officers of the business.

Personal Income/Expense Analysis for each owner of 20% or more of the business, any guarantors and key employees.

Management/Ownership Information for each owner of 20% or more of the business and any guarantors.

Authorization to Release Information for each owner of 20% or more of the business and guarantors.

SBA Form 912 completed by each owner of 20% or more of the business, all corporate officers, and all directors.

Regulation B Form (Joint Credit)

IN ADDITION, PLEASE ALSO PROVIDE THE FOLLOWING INFORMATION (when applicable)

Personal Federal Tax Return for the past three years for each owner of 20% or more of the business and any guarantors

Please include all schedules and attachments.

Business Federal Tax Returns for the past three years including all schedules and attachments.

Current Financial Statement dated within the past 60 days for subject business. Please include both balance sheet and profit and loss

statement.

Year End Financial Statements for subject business for the last three fiscal years. Please include both balance sheet and profit and loss

statement.

Corporate Documents including Articles of Incorporation and By-laws, Partnership Agreement, Articles of Organization and Operating

Agreement, and/or Trade Name Affidavit depending on the organizational structure of your business.

For franchise business, provide a copy of the current Uniform Franchise Offer Circular (UFOC) and Franchise Agreement.

Purchase Agreement(s) or letter(s) of intent for subject real estate and/or business acquisition.

Business Premise Lease or letter of intent for subject real estate and/or business.

Affiliate Company Financial Information including three years tax returns, current balance sheet and profit and loss statement, and

Notes Payable Schedule.

For debt refinancing, provide copies of all notes to be refinanced including renewals thereof, collateral documents, and lender contact

name and phone number.

For construction loans, provide a preliminary hard cost budget or proposal from contractor, preliminary soft cost budget, estimated timeline

for construction, and resume, references and financial statements from contractor.

For start-up businesses, or existing businesses planning major changes, please include the following: Business Plan and monthly Cash

Flow Projections for initial 12 months, and annual projections for year 2. Projections must be accompanied by a detailed narrative of

assumptions used in their development.

Existing information pertinent to this transaction, including previous appraisals, title policies, surveys, environmental studies and photos.

For business acquisition loans, submit letter from seller describing reasons for sale, monthly Cash Flow Projections for initial 12

months, and annual projections for year 2. Projections must be accompanied by a detailed narrative of assumptions used in their

development.

We are here to help! Please call our office with any questions.

Pre-Qualification Checklist

All of the below information is required for a Letter Of Interest (LOI)

Please send all documents at one time!

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Property Information

1. Executive Summary / Business Plan (Details of what Borrower is trying to accomplish with background)

2. Loan Registration - “See Attached Document”

3. Color Pictures of subject property. View of all four sides of building and street pictures.

4. Building Rent Roll for current month

5. For Income Properties with Tenants. Historical and Current Operating Statements.

three (3) Years Historical Operating Statement in the form of Schedule E’s, 8825 or Schedule C on the subject property from the current owner’s tax returns

Current YTD 2009 - Current Operating Statement signed and dated by the owner

6. If subject property is a non-owner occupied single tenant we require review of the occupying tenant’s

year to date operating statement and last year’s P & L’s.

7. If subject property is owner occupied or the borrower is applying for an SBA loan furnish borrower’s

business and personal tax returns for the past three (3) years.

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Borrower Information

1. Broker Fee Disclosure

2. Signed Certification and Authorization

3. Personal financial statement of borrower(s)

4. Current Credit Report

5. Purchase Contract if Applicable

Forms

Application(word)

Application(pdf)

Net Operating Income

4506T

Debt Schedule

Personal Financial Statement

Borrower Authorization 

Check List

Rent Roll pdf

Executive Summary