Commercial Loan Checklist

The following list will help you identify the types of information a lender will require to make an informed decision about your commercial loan application. This list may not be comprehensive for all lenders and may vary as market conditions change.

• Signed copies of income tax returns, with all schedules, as filed with the IRS
• Copies of business financial statements
• A year-to-date profit and loss statement
• Copies of personal financial statements
• Projected cash flow statement for the coming year
• Pro forma for the next 12 months and/or for the length of the requested loan
• Federal and state tax information
• Collateral sheet
• Well written business plan