Personal documents required from (client and/or guarantor)
- Copy of identification card, valid passport or extract of civil status of the client or the main partners in company.
- Documents proving the place of residence (copy of title deed, location contract, mayor attestation, electricity bill, phone or water bill).
- List of properties plus a copy of title deeds (if any).
- Real estate certificate: only requested for plots subject to collateral (mortgage, negative pledge or proxy to mortgage) after obtaining approval.
New “Confirmation of Balance” which date should not exceed 6 months (for file renewal)
Documents proving legal status and income
- Company’s circular, by-laws, certificate of registration (check & clarify the right of indebtedness).
- Documents proving the place of work (last rent contract, title deed…) or copy of syndicate membership (if any).
- Investment permit for industrial companies and gas stations (only for Beirut region, a municipality certificate is sufficient for other regions), tourist and manufacture permit (for Kafalat)
Feasibility study along cash flow projections over loan period (For Term Loans).
- List of main customers & suppliers: indicate the amount and the terms of payment settlement.
- Price offers (for Kafalat)
Latest account statement at other banks (if any) for the last 6 months minimum.
- Photocopy of the latest Fire and Life insurance policies (if any).
Other documents:
For SAL:
- Photocopy of the minutes of the first Board of Directors meeting.
- Photocopy of the minutes of the last General Assembly meeting that has elected the members of the actual Board of Directors.
- Photocopy of the minutes of the last meeting of the Board of Directors that has elected the actual Chairman and fixed his prerogatives including the right of indebtedness.
- 3 years historical audited financials (Balance Sheets & Income Statements).
For SARL:
- Photocopy of the minutes of the last meeting of the General Assembly that has elected the General Director and fixed his prerogatives including the right of indebtedness.
- 3 years historical audited financials (Balance Sheets & Income Statements).
For SCS & SNC:
- Photocopy of the partnership contract with all the amendments that have occurred.
- Minutes of meeting of the partners that has granted the right of signature (especially the right of indebtedness) in the name of the company.
- 3 years historical audited financials (Balance Sheets & Income statements) only if sales turnover equals or exceeds USD 500K, otherwise balance sheets for 3years signed by the client are sufficient.
For Sole Proprietorship & Individuals:
- Certificate of Registration, Certificate of Trade practice.
- Balance Sheets & Income Statements for the last 3 years signed by the client.
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