Loan Documentation Checklist
Use this checklist to gather and organize the documentation needed for your loan request. The more prepared you are, the faster and smoother the process.
The Checklist
Financial documentation needed for loan requests
- YTD Income and Expense Statement (also referred to as a P&L)
- Budget Comparison (projected budget as compared to actuals)
- Balance Sheet
- Bank Statements and/or Quarterly Statements that verify cash and investments
- Income and Expense Statements (also referred to as P&L Statements)
- Budget Comparisons
- Balance Sheets
- Original loan amount(s) vs. Current loan amounts
- Interest Rate(s)
- Origination and maturity date(s)
- Description of what are you trying to accomplish? When? Why?
- How much money are you looking to borrow?
- Project Information (construction documents, contractor information, budget, target purchase area, etc…)
- churchrealty.com | Dallas-Fort Worth: 972 424-2000 | Houston: 281 540-2008 | Atlanta: 706 483-9392
- YTD average attendance trends (by program, by age)
- Previous three years attendance trends (by program, by age)
- Membership numbers (by age and/or family units)
- Giving Units
- Total annual giving of your top 15 Donors – listed individually (no names)
- Community demographics (if available)
- Articles of Incorporation
- Constitution
- By-Laws
- Brief history
- Explanation of other entities you are formally affiliated with
- Leadership bio’s
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