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2 answers

Probably require a set of audited financial statements.

2006-08-18 13:24:36 · answer #1 · answered by Bostonian In MO 7 · 0 0

I work in corporate lending. They typically want 5 years of audited FYE financials, latest interim statements, appraisals, bank balances, guarantor credit reports, personal financial statements, etc. It depends on what the collateral is too. Different types of collateral require different types of due dilligence. Typically though, the financials are the first and deciding step before deciding whether to go forward with a loan.

2006-08-18 20:26:24 · answer #2 · answered by escapegrl1 3 · 0 0

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