Mortgage Library

Financial Readiness Checklist

The following list will help you identify the types of information a banker will need to make an informed decision about your business.

• Three years income tax and financial statements
• Year-To-Date Profit & Loss and Balance Statement
• Personal Finance Statements
• Projected Cash Flow Statements for next 12 Months
• Pro Forma for next 12 Months/Length of Loan
• Federal and State Taxes Information
• Collateral Sheet
• Well Written Business Plan