What Documents Do You Need?

What Documents Do You Need for a Commercial Loan?

Getting your documents in order early is the single fastest way to move your deal forward. Most delays in commercial lending happen because borrowers don't submit complete files.

Core Documents Required

Business financials:

2 years of business tax returns
Year-to-date profit & loss (P&L) statement
Balance sheet
Accounts receivable/payable aging reports

Personal financials (all owners with 20%+ stake):

2 years of personal tax returns
Recent pay stubs or distribution statements
Personal financial statement

Business documentation:

Business license and registration
Articles of incorporation / LLC operating agreement
Commercial lease (if applicable)
Business insurance certificates

Additional for real estate:

Property appraisal
Environmental reports (Phase I ESA)
Title commitment

Tip: Submit Everything at Once

Submitting documents in waves causes back-and-forth delays. Collect everything, review it for completeness, then submit in one batch. Your broker will thank you.

Questions about what you need for your specific deal? Message your broker through the Messages tab.