Gfunding

GFunding

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BUSINESS LOANS
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home Loans

Information required in application

Seller:

  • 3 Years Tax Return (only for seller as individual or entity)
  • Current Profit and Loss
  • Current Balance Sheet
  • List of Accounts
  • Number of Gallons Sold
  • Copy of a supply contract
  • Copy of franchise agreement
  • Copy of all leases for subject business
  • Copy of any other leases (if there is any)
  • Copy of all licenses
  • List of employees
  • Copy of AR/AP and Aging reports

 

Borrower/Guarantor:

  • Purchase Agreement
  • Source of Down Payment/Bank Statement
  • Borrowers Tax Return 3 years
  • Current Profit and Loss statement for Borrower’s Entity if there is any
  • Current Balance Sheet statement for Borrower’s Entity if there is any
  • All other Entities 3 years Tax return (if there is any)
  • Current profit and loss for all other entities (if there is any)
  • Current Balance Sheet for all Entities (if there is any)
  • Personal Financial Statement Including Schedule of Real Estate, AR/AP, and list of all other assets
  • Credit report (if available) so that we don’t run your credit. For underwriting purpose only
  • Signed copy 4506 form
  • Complete application form
  • Business History
  • Resume if all Borrower/ Guarantor
  • Personal History and resume of all Borrower/Guarantor
  • Copy of lease
  • Copy of all Licenses
  • Copy of insurance liability
  • Copy of Tenant lease
  • Secondary Collateral might be needed


Borrower/ Guarantor:

 

  • Copy of the note or deed
  • Borrowers Tax Return 3 years
  • Current Profit and Loss statement for Borrower’s Entity (if there is any)
  • Current Balance Sheet statement for Borrower’s Entity (if there is any)
  • All other Entities 3 years Tax return (if there is any)
  • Current profit and loss for all other entities (if there is any)
  • Current Balance Sheet for all Entities (if there is any)
  • Personal Financial Statement Including Schedule of Real Estate, AR/AP, and list of all other assets
  • Credit report (if available) so that we don’t run your credit. For underwriting purposes only
  • Signed copy 4506 form
  • Complete application form
  • Business History
  • Resume if all Borrower/ Guarantor
  • Personal History and resume of all Borrower/Guarantor
  • List of Accounts
  • Number of Gallons Sold (if there is any)
  • Copy of a supply contract (if there is any)
  • Copy of franchise agreement (if there is any)
  • Copy of all leases for subject business (if there is any)
  • Copy of any other leases if there is any
  • Copy of all licenses
  • List of employees
  • Copy of AR/AP and Aging reports
  • Secondary Collateral might be needed
  • Copy if Borrower’s legal documents
  • Bank Statement
  • Rent Roll (if there is any)
  • Secondary Collateral if needed
  1. Please explain in your own words the reason of your loan
  2. Breakdown of Construction
  3. Copy of plans

 

Borrower/Guarantor:

 

  1. Borrowers/Personal Tax Return 3 yrs (1040)
    • Personal Financial Statement including Schedule of real Estate, AP/AR , and list of all other assets
    • Complete application form
  2. All other Entities 3 years Tax return (if there is any) (1120S, 1065, etc.)
  3. Last Mortgage Statements
  4. Current Rent roll
    • Current Profit & loss for subject property
  5. Copy of all leases
  6. Copy of Borrowers Legal Documents
  7. Current Balance sheet for all Entities (if there is any)
  8. Copy of Note/s
  9. Resume of all Borrower/Guarantor

For Subject Business: 

  1. Interim Financial Statement for Current year (30 days old)
  2. AR/AP Aging-Inventory Report
  3. Subject Business Bank Statement
  4. 3 years Tax Return of All Entities

 

Borrower/Guarantor:

  1. Borrowers/Personal Tax Return 3 yrs (1040)
  2. Personal Financial Statement including Schedule of real Estate, AP/AR , and list of all other assets
  3. Complete application form
  4. All other Entities 3 years Tax return (if there is any) (1120S, 1065, etc.)
  5. Last Mortgage Statements
  6. Current Rent roll
  7. Current Profit & loss for subject property
  8. Copy of all leases
  9. Copy of Borrowers Legal Documents
  10. Current Balance sheet for all Entities (if there is any)
  11. Copy of Note/s
  12. Resume of all Borrower/Guarantor

More documents will be needed after the preview; also a check will be needed when we provide the Letter of Intent for Appraisal, Phase I, and etc.

SBA Loans

Information required in application