Commercial Real Estate Checklist Visual Guide
Business Information (Secretary of State Filing, EIN, Articles, Bylaws, etc) | |
|---|---|
Guarantor(s) Information (current Driver’s License, SSN, etc) | |
Identifying information on all persons or entities with a 25% or greater ownership (current Driver’s License, SSN, etc) | |
Identifying information on all persons or entities with a 25% or greater ownership (current Driver’s License, SSN, etc) | |
Business current balance sheet | |
Last 3 years business tax returns; all schedules, statements, etc. | |
Current year-to-date income statement | |
Current balance sheet for each Guarantor | |
Last 3 years personal tax returns for each guarantor; all schedules, statements, etc. | |
Detailed collateral Information (max LTV 80% of the lesser of appraised value or purchase price) | |
For land development requests; site development plan, layout, survey, etc. |
