LET’S GET STARTED ON YOUR PROJECT!
To get started on your project we will need financial information from you and your company. Our team of lenders will work side by side with you to get the job done. Please provide the following current and signed information.
Existing businesses acquiring or building a new project:
1. Last 3 years financial statements (e.g. balance sheets, operating statements) Include rents, depreciation, interest, and officer salaries.
2. Last 90 days interim financial statement.
3. Current debt service schedule listing purpose of each loan, original amount, current balance, original date, maturity date, monthly payment, rate of interest, and lender name.
4. Last 3 years Federal tax returns for company.If you’re starting a new business:
1. Your social security number for a credit bureau inquiry.
2. 2 year projections on your new business.
3. 3 years complete personal tax (Federal) return.
4. Personal financial statements for each owner or partner of 20% or more.
5. Complete Business Plan, including details of the property to be purchased.
6. Source of funds for down payment.
