FINANCIAL DOCUMENTATION NEEDED FOR LOAN REQUESTS
Use this checklist as a guide to help gather and organize the documentation needed for your loan request.
CURRENT YEAR TO DATE FINANCIAL STATEMENTS
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
YEAR END FINANCIAL STATEMENT FOR THE PREVIOUS THREE (3) YEARS
Income and Expense Statements (also referred to as P&L Statements)
Budget Comparisons
Balance Sheets
Bank Statements and/or Quarterly Statements that verify cash and investments
SUMMARY OF ALL OUTSTANDING DEBT
Original loan amount(s) vs. Current loan amounts
Interest Rate(s)
Origination and maturity date(s)
PROJECT INFORMATION
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…)
DEMOGRAPHIC INFORMATION
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)
GOVERNMENT OF THE ORGANIZATION
Articles of Incorporation
Constitution
By-Laws
Brief history
Explanation of other entities you are formally affiliated with
Leadership bio’s
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