Commercial Loans
Required Documents
❖ Tax returns: Last three years from all the partners
Business tax returns – All companies owned.
Personal tax returns with 1099 and/or w-2s
If last year’s tax returns are not filed, copy of extension.
❖ Income
Current Year to Date Profit and Loss statement
If last year’s tax return is not ready, last year’s profit and loss statement and balance sheet.
Business License
❖ Asset
2 months bank statements of all the accounts business/personal/IRA/Retirement/401K/Mutual funds or other liquid asset ………………..accounts
❖ Copy of driver’s license
❖ Resume/Biodata or each partner consists of education and experience.