Business Financial Information Checklist
- Business Loan Application (form enclosed)
- Interim Financial Statement for most recent period
- Financial Statements (balance sheet and income statements)
- Business Tax Returns for the last 3 years
- Business Debt Schedule
- Member Business Loan Discussion Draft (completed by the credit union)
- Financial Projections (if applicable)
- Business Plan including Management Resumes (if available)
- Promotional Materials & Brochures (if available)
- Articles of Incorporation & Bylaw photocopy (if applicable)
- Partnership Agreement photocopy (if applicable)
- Limited Liability Formation Papers photocopy (if applicable)
- Assumed Business Name Filing photocopy (if applicable)
Owners Financial Information Checklist
- Individual Financial Statement for each owner (form enclosed), attach other statements
- Individual Tax Returns for last three years, including K-1 statements for all S-Corporations, Partnerships & Limited Liability companies
For Business Lines of Credit Checklist
- Accounts Receivable Aging current copy
- Accounts Payable Aging current copy
- Inventory Listing current copy (if applicable)
For Equipment Term Loans Checklist
- Vendor Invoice or Purchase Order photocopy (for equipment purchases)
- Depreciation Schedule (for equipment refinance)
For Commercial Real Estate Loan Checklist
- Earnest Money Agreement / Bill of Sale (if applicable)
- County Tax Assessment - current
- Appraisal (if available)
- Title Insurance Company name and phone number of contact person
- Environmental Assessment (if available)
- Tenant Leases
- Annual Rental Income & Expense for the last three years
For Real Estate Construction Loan Checklist
- Building Plans (if construction)
- Specifications & Detailed Cost Estimates photocopy (if construction)
- Contractor Agreement photocopy (if construction)
All the above terms and conditions are subject to change. Some restrictions may apply.
Download Personal Loan Application
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