Bank Loan Application Form and Checklist

This bank loan application form and checklist template has 6 pages and is a MS Word file type listed under our finance & accounting documents.

Sample of our bank loan application form and checklist template:

Internal Bank Loan Review PREPARATORY INFORMATION Primary Officer: Prepared By: Date Prepared: LOAN REQUEST Borrower: Business Information: Form: Organ Date: Type: Management: Ownership: Guarantors (Typically the owner of the business): Request: Purpose: TERMS Type Amount Rate/Fees Term Repayment Source of Repayment Primary: Secondary Tertiary: Collateral Description: Collateral Valuation: Type AppraisedValue % of ADV Debt Avail.Equity LTV Accounts Receivable 75% (0-90 days) Inventory 30% Equipment 75% Marketable Securities 70% Commercial and Residential Property 75% Vacant Land 30-50% Flood Hazard: Environmental Concerns: Bow Debt: Type Open High Bal. # of REN Rate Terms SEC LTV Bow Payment History: Line of Credit Usage: Low Balance: # of Days at Zero: Other Debts: Depository Relationship: Name Acct # Type Opened Balance Avg. Col. Bal. Rate Average Cost of Funds: Trust Relationship: Background Information: Financial Statement: Last 3 years of business financial statements and/or tax returns Last 3 years of owner's personal tax return Current personal financial statement BUSINESS LOAN APPLICATION Date: New Relationship Branch: Existing Relationship Officer: BUSINESS INFORMATION Business Name: Address: Telephone: ( ) Tax I.D.: Individual Name(s): Address: Telephone: ( ) Social Security # : Date of Birth: Proprietorship Partnership Sub-Chapter S Corporation Non-Profit Individual LLC Ownership Distribution: (List stockholders, partners, owner names) Note: Attach separate sheet if additional space needed. Name Title # of Years % SS# Name Title # of Years % SS# Name Title # of Years % SS# Nature of Business: Year Established: Number of Employees: Years at Present Location: [ ] Own [ ] Lease Accountant: Telephone: ( ) Insurance Agent: Telephone: ( ) Attorney: Telephone: ( ) FINANCIAL INFORMATION Bank of Account: Account Number: Credit Relationships:Please provide details of your business credit relationships below: Original Loan Amount Maturity Name of Creditor Purpose of Loan Amount Presently Owing Repayment Terms Date $ $ $ $ $ $ LOAN REQUEST Amount of Loan Requested Type of loan [ ]Line of Credit [ ]Term Loan Requested Term of Loan [ ]Business Home Equity [ ]Commercial Real Estate Specific Loan Purpose (Check all that apply) [ ]Working Capital [ ]Other (State type of loan required and loan [ ]Finance Purchase of Inventory purpose) [ ]Finance Purchase of Equipment [ ]Finance Purchase of Real Estate [ ]Finance Purchase of Business [ ]Refinance Existing Loan or Debts Collateral Available* (Check all that apply) [ ]All Assets (accounts receivable, inventory, machinery and equipment) [ ]Specific Equipment (Please attach equipment list, including serial numbers or description of equipment, and invoices for new equipment.) [ ]Real Estate (Please attach property address, legal description and a copy of most recent tax bill.) Square Feet Acres [ ]Cash on Deposit at (name of bank) Branch Account # [ ]Personal Assets (As described in Personal Financial Statement.) *Collateral: Loans are secured by collateral, which is property in which a security interest is granted to secure repayment of the loan. The loan collateral may include business assets, stocks, bonds, certificates of deposits, or personal assets