The Needs List

Simply put, the needs list outlines the minimum number of required documentation we will request from you to analyze your initial loan request. With the documents we "crunch the numbers" to determine if you have a fundable deal. Please note, to receive your documents, we will send you a secure transfer file link to your business email address for you to upload, or if you prefer, a secure fax option is also available.

OWNER OCCUPIED

The owner of the business is the main occupant and direct borrower on the loan

3YRS PERSONAL TAX RETURNS
3YRS BUSINESS TAX RETURNS
YTD P&L STATEMENT ON BUSINESS
BORROWER PERSONAL FINANCIAL STATEMENT
BORROWER'S CREDIT REPORT*

INVESTOR

Loans to investors of income producing properties

YTD P&L ON THE PROPERTY
RENT ROLL ON THE PROPERTY
PICTURES OF THE PROPERTY
BORROWER'S PERSONAL FINANCIAL STATEMENT
BORROWER'S CREDIT REPORT*

START-UP

Loans to businesses looking to start up and expand with little to no business history

RESUMES ON BORROWERS AND PARTNERS
3YRS PERSONAL TAX RETURNS
PROJECTIONS AND PRO-FORMAS
BORROWER'S PERSONAL FINANCIAL STATEMENT
BORROWER'S CREDIT REPORT*
FOR STRONG START UPS ONLY

CONSTRUCTION & DEVELOPMENT

Loans to finance the improvements necessary before development can be completed

EXECUTIVE SUMMARY OF PROJECT
DETAILED RESUMES OF PARTNERS AND GC, IF NOT A PARTNER
3YRS FINANCIALS ON ALL BORROWERS, PARTNERS, GC
PERSONAL FINANCIAL STATEMENTS ON ALL BORROWERS, GC, PARTNERS
PRO-FORMA PROJECTIONS, NET INCOME EXPECTED & DETAILED COST BREAK DOWN
PROPERTY DEMOGRAPHICS, ABSORPTION STUDIES, MARKETING/MANAGEMENT PLAN
PROOF OF PRESALES; 50% PRE-SALES PREFERRED

RAW LAND

Loans to facilitate purchase of wholly undeveloped pieces of property

BORROWER'S PERSONAL FINANCIAL STATEMENT
BORROWER'S CREDIT REPORT*
PICTURES OF LAND
APPRAISAL OR BPO OF LAND

LINES OF CREDIT

Useful for a project for which the total cost is unclear

Year-to-date profit and loss

LAST YEAR'S TAX RETURN
LAST YEAR'S P&L AND BALANCE SHEET
CURRENT ACCOUNTS RECEIVABLES & ACCOUNTS PAYABLES AGING REPORT
CREDIT REPORT ON BORROWER
EXPLANATION FOR USE OF FUNDS

Closing loans for all types of borrowers nationwide!

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7901 4th Street N.

Suite 300

Phone: (786) 416-3802

*Disclaimer: Rates, terms, loan products, loan programs, scenarios, returns and descriptions of any of the aforementioned on this site are not guaranteed and subject to changes with updates of rates, terms, loan products/programs, as well as changes in the financial markets. This is not a commitment to lend. Nationwide originations in the majority of the US and Canada.