Items needed to apply for Islamic Commercial Loan

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Methodology Uses | Analyzing a Commercial Transaction | Items Needed
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The following Items will be Required for your application

  1. Three Year Tax Returns (Business / Personal)
  2. YTD Financial Statements including Balance Sheet
  3. Last Two Month Bank Statements (Bus. / Pers.)
  4. Organization Documents (Corporate Papers)
  5. Executive Summary (Business Plan)
  6. 3 Year Income and Expense Projection
  7. For Existing Business Purchase – Need Operating History
  8. For Construction – Plans / Contractor Estimates

Studies / Reports That May Be Required

Appraisal – Valuation of Business / Real Estate / Inventory
Environmental (not always required)
Transaction Screen
Phase I ESA
Phase II ESA
Phase III Remediation
For New Construction
Soils Reports
Architectural / Construction drawings
Engineering
Traffic Studies