A Simple Loan Application Template for SMEs

I have found in my own experience that the credit application process could be cut significantly at times if potential borrowers knew beforehand what sort of information the Lender needs and what is actually involved.

In that regard, the form below is not only a template for Lenders but a useful tool to small to medium sized entities. It gives an excellent outline of basic borrower infomation needed to more complex financial and collateral details necessry to complete the credit assessment (arguments for and against approving the application) for submission usually to a formal credit committee.

Take a look…although the template is structured around a realestate type loan…the template holds a very good base for most business credit applications.

Business Credit Application Template

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