Tips for Preparing Loan Documents

1. Be sure your statements are neat and legible.

2. Statements should be prepared by your accountant; always review figures for any errors or omissions.

3. Date your statements to coincide with the date of your figures.

4. Keep projections, assets lists, and collateral statements on the conservative side.

5. Update financial information annually and forward copies to your banker.

6. Remember, your banker cannot make a decision until all of your documentation has been received. To ensure a speedy response, make sure your application is complete.