PLG Capital – Commercial Lending Workflow & Required Documents

1. Loan Application

Clients may apply for a loan online unless they have already been in direct contact with a PLG Capital representative.

2. Mutual Non-Disclosure Agreement (N.D.A.)

A mutual N.D.A. is executed to protect confidential information exchanged during the process.

2.a. Memorandum of Understanding (M.O.U.) (If Applicable)

An M.O.U. may be established to outline preliminary terms and intentions.

3. Proof of Funds and/or Assets

Clients must provide documentation showing at least 25% of the required funds or assets to demonstrate financial capability.

4. Required Documents for Loan Processing

To move forward with loan underwriting, the following documents are necessary:

4.a. Invoice or Purchase Agreement for the equipment being financed

4.b. Personal Financial Statement

4.c. Business Tax Returns – Last 3 years

4.d. Current Balance Sheet

4.e. Current Business Debt Schedule

This process ensures transparency, financial readiness, and compliance with lending standards. For additional details, contact us at [email protected]