Commercial Lending
What financial documents are required?
Three years of personal and business tax returns
Personal financial statement (PFS)
Debit schedule
Business history and experience
Links to sample documents listed below
New Customers Cost and Fees
For loan amounts under 1.5 million, a 2% fee applies.
For over 1.5 million, a 1% fee.
Multiple deals and returning customers will always get a reduced rate.
Consulting fee if the client is unwilling to organize and prepare proper financial documents and statements for loan submission: we require a 50% upfront fee, with the remaining 50% due at closing. You will never pay more than the standard fee.
Minimum $5,000 fee on all deals unless a prior agreement exists.
A $495 document-processing fee will be collected at closing for all Loans.
Unless stated, no payment is due until loan closing.
**** These are standard fees and can change at any time.