BRANCH UPDATE: Due to the evolving COVID-19 situation, we will TEMPORARILY close our Howards Grove, Saukville and Mequon Branches, including drive thru services, beginning Wednesday, April 8. Additionally, branch lobbies at the rest of our branches, as well as our Meijer branches, remain closed. Please utilize drive thru services at our Kohler, Plymouth, Taylor Drive and Grafton Branches as well as utilize digital banking, online loan applications, Call KCU, and ATMs to manage your finances. Learn more

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Checklist

If you are applying for a business loan, below is a list of documents that are generally requested during the lending process.

Submit a Business Loan Inquiry

Business Loans – Fixed Assets, Equipment, Lines of Credit

  • Business
    • 3 years of business tax returns
    • Quarterly interim financials (and prior year comparable)
    • Recent quarterly accounts receivable aging
    • 12 month forward financial outlook (include any anticipated capital expenditures and material income/expense changes)
    • Debt schedule
    • Business profile summary (include years in business, ownership breakdown, products/services provided, summary of management structure, etc.)
    • Articles of organization or operating agreement
  • Personal
    • 3 years personal tax returns (W-2 if most recent is not yet available)
    • 3 years business tax returns of all pass-thru business income (sch E)
    • Current personal financial statement 

Business Real Estate – Investment and Owner Occupied

  • Real Estate Holding Company
    • 3 years of business tax returns
    • Current rent roll (tenant name, occupancy date, lease expiration date, monthly rent amount, tenant paid expenses) and Leases if appropriate
    • 12 month forward financial outlook (include any anticipated capital expenditures and material income/expense changes)
    • Debt schedule
    • Business profile summary (include years in business, ownership breakdown, summary of management structure, etc.)
    • Articles of organization or operating agreement
  • Personal
    • 3 years personal tax returns (W-2 if most recent is not yet available)
    • 3 years business tax returns of all pass-thru business income (sch E)
    • Current personal financial statement