Get The Bankers Group Generic Commercial Loan Application

Filling out The Bankers Group Generic Commercial Loan Application online is a straightforward process. This guide provides a detailed walkthrough of each section, ensuring that you complete the application efficiently and accurately.

Follow the steps to complete your application with ease.

1. Click ‘Get Form’ button to obtain the form and open it in the editor.
2. Begin by entering the loan request information. Specify the application purpose, source of repayment, the amount requested, term requested, and amortization requested.
3. Provide collateral descriptions along with their market values and purchase prices. List up to three properties, ensuring each field is filled accurately.
4. Complete the applicant information section. Input the legal name of the applicant, DBA (if applicable), tax identification number, principal place of business address, and contact details.
5. Detail the ownership structure by indicating the type of ownership and number of employees. Include the current ownership duration and annual sales figures.
6. Fill in the owners' information, specifying names, social security numbers, ownership percentages, titles, and relevant contact details.
7. Address loan disclosures required for purchase or refinance, including current lender information, property details, financial projections, and any relevant legal proceedings.
8. Complete the certification and signatures section. Gather signatures from the applicant and guarantors and ensure all fields are filled in accurately.
9. Prepare the business debt schedule and personal financial statement. Include all relevant debts, assets, and liabilities as required.
10. Finalize your application by reviewing all sections for completeness and accuracy. Save changes, and then download or print the completed form for submission.

Start filling out your documents online today to ensure a smooth application process!