Business Loan Documentation

Business Loan Checklist

At Regent Bank, we know your time is valuable and we don't want to waste it with unnecessary paperwork and red tape. Our goal is to take away the 'mystery' of the lending process, so you will know what it takes to qualify for bank financing.

Following is a list of documentation that we will need to evaluate and process your loan request. Please call us at 918.488.0788 or email us at businessloan@bankregent.com with questions. We look forward to working with you

Business information:

  1. Previous 3 years tax returns (extension for current year if not yet filed) and year end balance sheets
  2. Current balance sheet
  3. Current accounts receivable aging report
  4. Current Year to Date profit & loss statement
  5. Explanation of any unusual trends or one-time expenses in financials
  6. Term, rate and payments on existing business debt that will not be refinanced by Regent Bank
  7. Corporate documents
  8. History of the business
  9. Detailed description of proposed collateral for the loan including legal descriptions for real estate and serial numbers for equipment

Personal information (on guarantors)*:

  1. Previous 3 years personal tax returns
  2. Current balance sheet
  3. Drivers license copy for all guarantors
  4. Term, rate and payments on existing personal debt that will not be refinanced by Regent Bank
*In most cases, anyone who owns more than 25% of the company requesting the loan will be asked to guarantee Regent Bank debt.