Industrial Parks - Light Manufacturing
Loan Proposal Contents
Statement on How Funds Will be Utilized.
Current Financial Statement... (Within 60 days) Both Company & Personal Statements Required
2 Years of Tax Returns on Corporation, with Schedules as submitted to IRS.
2Years of Tax Returns on EACH principal, with Schedules as submitted to IRS.
Detailed 3 Year Profit & Loss Statement on Existing Property.
Three Year Pro Forma.
Recent Appraisal (MAI if over $250,000)
Color Photos or Artists Renderings of Property.
EPA Study
Validation of Need.
Comparable Rentals & Vacancy Data.
Copies of Existing Mtg, Leases & Rent Role. (If Applicable)
Purchase & Sale Agreement. (If Applicable)
Detailed History of Corporation.
Cost Breakdown, in Detail, of Construction Costs. (If Applicable)
Partnership Agreements or Articles of Incorporation.
Detailed Resume on EACH principal.
Corporate Resolution giving signing party authorization to borrow said amounts and sign for same.
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