Commercial Loan Checklist

The following list will help you identify the types of information a banker will need to make an informed decision about your business:

• Three years income tax and financial statements
• Year-to-date profit & loss and balance statement
• Personal finance statements
• Projected cash flow statements for next 12 months
• Pro forma for next 12 months / length of loan
• Federal and state tax information
• Collateral sheet
• Well written business plan