Required Documents 

The following are items which MAY be required prior to closing Commercial Financing.  See what may apply to your situation.  Our expertise is to go to your place of business and assist you with your loan applications so it may be funded at the best rates, terms & conditions on the market today.  THIS IS OUR GOAL.

LOAN REQUEST
Management Resume
History of Business
a) Articles of Incorporation
b) Limited Liability Company
c) Partnership
Tax I.D. #
Business Financial Statements (signed & dated) prior 3 years.
Interim Financial Statement P&L and Balance Sheet not older than 60 days
Authorization to Release Information (All principals)
Personal Financial Statement
Personal Tax Returns signed & dated
Alien Registration Card (Front & Back)

AFFILIATE(S)
Description of Affiliates
% Ownership in All Affiliate(s)
Business Financial Statements past 3 years (signed and dated)
Interim Financial statement (No older than 60 days signed & dated)
Business Tax returns 3 years (signed & dated)
Business Debt Schedule

HOTELS
Occupancy percentage, racks rate and average daily rate
For subject business & market area.
Breakdown of revenue and expense on a month by month basis for last 12 months
Current year vs. prior year.
UFOC and Franchise Agreement, or letter of intent from Franchiser.
Brochures or Photos

NEW CONSTRUCTION
Cost breakdown including FF&E
Complete Business Plan
Projections (12 months w/Assumptions) + 2 years
Builder Resume
Construction Contract
Projections (12 months w Assumptions) + 2 years
Builder Resume
Construction Contract

ACQUISITION
Purchase agreement with Asset Breakdown.
Seller's Business tax returns for prior 3 years or Certified Financial Statements (signed & dated)
Interim Financial Statement not older than 60 days (signed & dated)

REFINANCE
Copy of Notes of Debt to be refinanced.
Original Purchase Agreement & or settlement sheet.
Name & Address of Lienholder(s) to be Paid-Off.

INSURANCE
Name & Phone number of Insurance Agent
Fire, Hazard & Liability Insurance (on all collateral) with Lender as Loss Payee
Flood Insurance (if applicable)
Life Insurance

All of the above will not apply.  This is just a check list of some of the items that may apply.

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9326 E. Coopers Hawk Dr., Chandler, AZ 85248 Phone: (480) 895-6300 Fax: (480) 895-2555 © 2000 Canyon State Commercial Loans Designed and powered by: etrafficers.com