Requirements for An Islamic Commercial Loan
Items needed to apply for Islamic Commercial Loan
Commercial Finance Topics
The following Items will be Required for your application
- Three Year Tax Returns (Business / Personal).
- YTD Financial Statements including Balance Sheet.
- Last Two Month Bank Statements (Bus. / Pers.)
- Organization Documents (Corporate Papers).
- Executive Summary (Business Plan).
- 3 Year Income and Expense Projection.
- For Existing Business Purchase – Need Operating History.
- For Construction – Plans / Contractor Estimates.
Studies / Reports That May Be Required
Appraisal – Valuation of Business / Real Estate / Inventory
Environmental (not always required)
Phase I ESA
Phase II ESA
Phase III Remediation
For New Construction
Architectural / Construction drawings