Downtown Wood River Nebraska

Prepare for your loan application

Prior to applying for a small business or home loan, take a look at this checklist to make sure you have all documents gathered. Click here for information on our small business loans. Click here for information on our home loans.

This checklist is available in a pdf here. And, in Spanish here.

  • Government-issued ID for each borrower
  • Pay stub(s): as many as three from most recent months may be required from all jobs of each borrower
  • Proof of any other verifiable source of income: benefit letter for Social Security/ disability/child support, signed lease agreements for rental income, retirement income, etc.
  • Personal bank statements: as many as three from most recent months may be required (include all pages—even if blank— for all accounts)
  • Business bank statements: as many as three from most recent months may be required (include all pages—even if blank— for all accounts)
  • Business tax return(s): as many as three from most recent years may be required
  • Personal tax return(s): as many as three from most recent years may be required
  • Year-to-date profit and loss statement (for existing businesses)
  • Projections (new business only)

These will be required, our lending specialists can help prepare or coach you through the completion of these:

  • Schedule of business assets (a template will be provided)
  • Personal financial statement (a template will be provided)
  • Business plan for new businesses less than six months old (email wbc@cfra.org for a template)
  • Copy(s) of title(s) for any vehicles to be pledged as collateral
  • Copy of a recent appraisal or tax assessment for any property to be pledged as collateral
  • Business lease agreement (if applicable)
  • Purchase agreement—signed or draft (if applicable)
  • Business debt schedule (a template will be provided)