Preliminary Loan Evaluation Checklist

• Loan amount requested and why it’s needed
• Three years of year-end financial statements or tax returns (business and personal)
• Most recent interim financial statements, including accounts receivable and accounts payable aging
• Personal financial statements of principals/owners - Fillable document can be provided upon request.
• Business plan, if available, which includes:
  • A brief description of your business, products and services
  • Summary of management team experience
  • Description of major customers
  • Your analysis of primary competition
  • Financial projections for next two years