Needs Lists & Forms

Exactly what to submit — by deal type.

The hardest part of commercial lending is knowing which documents get you to terms. Here's the needs list to reach a letter of intent (LOI) for each deal type. Once you move forward, your Blackstreet contact confirms your exact list for the chosen capital partner.

Conventional

LOI Needs List
  • 3 Years Personal and Business Taxes
  • Rent Roll & Operating Statement
  • Interim Financial Statements
  • Personal Financial Statement (PFS)
  • Schedule of Real Estate (SREO)
  • Business Debt Schedule (BDS)
  • Credit Report

Owner-User / SBA

LOI Needs List
  • Loan Request
  • 3 Years Personal and Business Taxes
  • Interim Financial Statements
  • Personal Financial Statement (PFS)
  • Schedule of Real Estate (SREO)
  • Business Debt Schedule (BDS)
  • Credit Report

DSCR / Investor

LOI Needs List
  • Loan Request
  • Rent Roll & Operating Statement
  • Offering Memorandum if Purchase (OM)
  • Personal Financial Statement (PFS)
  • Schedule of Real Estate (SREO)
  • Trailing 12 Month Operating Stmt (T12)

Bridge / Value-Add

LOI Needs List
  • Loan Request
  • Rent Roll & Operating Statement
  • Personal Financial Statement (PFS)
  • Schedule of Real Estate (SREO)

Construction

LOI Needs List
  • Loan Request
  • Budget / Plans / Permits
  • Personal Financial Statement (PFS)
  • Schedule of Real Estate (SREO)
  • Experience
Ready?

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