Go from inquiry to approval seamlessly using a comprehensive business loan pre-application checklist that outlines the information you’ll need to get a loan decision with Greater Commercial Lending fast.
To get funded for a loan or loan package, your lender will want a clear financial picture of you, your business and, if applicable, the business you want to buy. Use this commercial loan application checklist as a guide to the information you may need to have on hand. Our business loan experts will work closely with you to ensure you have exactly what you need to move through the application process efficiently and close your loan successfully.
In addition to the general commercial loan application requirements listed above, you’ll likely need to gather information specific to the type of commercial loan you’re requesting. We’ve included some of the most commonly required business financing documents below. Your GCL commercial business loan partner will give you precise guidance based on the type of loan you’re requesting.
Buy real estate, fund building improvements, or purchase the land, construction and materials required for a new build.
Secure capital at a fixed or variable interest rate that you can use immediately and pay back over time.
Choose from the SBA portfolio of loans to start, grow or expand your business, or to recover from unforeseen events.
Choose the right USDA loan to help you build your business, nonprofit organization or owner-operated farm/ranch.
Choose the right USDA loan to help you build your business or nonprofit organization. The amount of paperwork and information you’re required to submit with your loan application can be broken down into three categories: personal information, business documentation and financial documentation. The best way to prepare for a small business loan application is to take a methodical approach to fulfilling the requirements, and to work with a lender who has expertise in your industry and the loan options available to you. Our business loan specialists will make sure you understand exactly what you need to meet the loan program requirements and will work with you to put together a complete loan application package.
Get a good idea of the types of documents and information required for a commercial business loan.
Gather financial and legal documents and, for those not on hand, request a copy from the appropriate organization.
Create or update personal histories, business plans and profiles for the borrower and business principals.
Work with your GCL commercial business loan partner to ensure all the loan requirements are met.
You Might Be Interested InUSDA Loans USDA Loan Application Checklist Use this easy-to-follow USDA loan application checklist to help you gather the information and documents you’ll need for a successful and stress-free application process. View Checklist
SBA Loans SBA Loan Application Checklist Use this easy-to-follow SBA loan application checklist to help you gather the information and documents you’ll need for a successful and stress-free application process. View Checklist
