Generally Required Information

Working Capital – Accounts Receivable and Inventory

• Three years of Annual Financial Statements (Preferably CPA Reviewed or Audited)
• Interim Internal Financial Statement along with the Comparable Period Year
• Debt Schedule
• Accounts Receivable Aging from the same date as the Interim Statement
• Summary Inventory listing from the same date as the Interim Statement
• Accounts Payable Aging from the same date as the Interim Statement
• If the business is cyclical or in a turnaround, then additional financial information will likely be required.
• Corporate Structure and Legal Ownership.
• Disclosure of any current or historical financial or legal issues for the company or those with a material ownership interest (10% or greater)

Equipment Purchase or Sale Leaseback Financing

• Three years of Annual Financial Statements (Preferably CPA Reviewed or Audited)
• Interim Internal Financial Statement along with the Comparable Prior Year Period.
• Debt Schedule.
• Listing of applicable equipment – fixed asset report, purchase order, or prior appraisal.
• Location of equipment
• Corporate Structure and Legal Ownership
• Disclosure of any current or historical financial or legal issues for the company or those with a material ownership interest (10% or greater)

Owner Occupied Real Estate Financing

• Three years of Annual Financial Statements (Preferably CPA Reviewed or Audited)
• Interim Internal Financial Statement along with Comparable Prior Year Period.
• Debt Schedule.
• Description of Property
  • Address
  • Acres
  • Square Footage.
  • Prior appraisal, if available.
• Business plan or financial projections, if available.
• Corporate Ownership and Legal Structure.
• Disclosure of any current or historical financial or legal issues for the company or those with a material ownership interest (10% or greater).