Commercial Loan Checklist
We have provided some of the items that are required for a Commercial Loan. Not all items are requested for each project but more complex loans may require additional information. In addition, our commercial loans and financing from hard money lenders will not require the documents upfront.
What you need to apply for a loan…
Applying for a loan can seem daunting. Everyone knows loans require different documents and evaluations. At GenWealth, our job is to make financing your commercial project or business venture as easy as possible. Our commercial loan checklist is here to help guide you through the process of getting a loan from a hard money lender. Our commercial firm connects you with the right lenders for your unique situation. The right lender can make a tangible difference in a project. Our great customer service team is here if you have any questions about commercial loans from hard money lenders. We will help make your project a reality.
Explanation or a one page Statement on how the funds will be utilized on this project.
Or Artist’s rendering in color (If new construction only.)
Invoices/Quotes of project (construction)
Tax Returns (Personal and Business)
Operating Statements for the subject property
Personal Financial Statement
Financial projection of the transaction
What are your three/five year plan for the property
Want more info about commercial loans?
Our commercial mortgage brokerage firm has years of experience working in the commercial project financing industry. GenWealth has extensive knowledge on a variety of different commercial projects and lenders. Contact us if you need information or guidance for your commercial venture. Our team will be glad to share our experience.