• Last 3 years of business tax returns or accountant-prepared business financial statements.
  • Last 2 years of personal tax returns.
  • Personal financial statement.
  • Overview of information needed:
    • For real estate purchases - a copy of the agreement of sale and rent roll (if applicable).
    • For refinancing - information on the property, existing loans, etc.
    • For working capital - an aging of accounts receivables and payables.
    • For a business debt refinance - a schedule of existing debt - lender, original terms, rate, amount, and existing balance.
    • For purchases of an existing business - copies of that company's last 3 years of tax returns or accountant-prepared financial statements, and a narrative history and background of the business.
  • Business information:
    • For corporations - articles of incorporation and by-laws, list of officers.
    • For a partnership - partnership agreement and list of partners.
    • For a limited liability company - member's agreement and certificate of origination.
    • For a sole proprietorship - trade or fictitious name registration.