G Bank references One thing to carefully consider is if you rely on a small-business loan for your funding, then you will most likely need a letter from your bank N showing pre-approval for a specific amount of money that you can present to your future landlord. I S Current credit reports/scores A Your credit scores, from all three bureaus, are important for the landlord to know you have a good credit history and are likely to continue to maintain it. E L Previous/current landlord references Just like a residential rental, your future landlord will want to know you have a history of maintaining your rental in the way the owner would L for himself or herself. This may not be applicable if you have not leased a commercial space previously. A I Personal and corporate financial statement(s) C Most landlords require two years of financial statements. The financial statements need to include a profit and loss statement and a balance sheet. For a startup or sole-proprietorship, they will require the owner’s personal financial statement, since the business is basically you and whatever financing you have obtained in this regard. R E A copy of your business plan If you are an unknown entity, the landlord will want to see what your plan is to make money and become successful in much the same way M as any lender. M Business bank statement(s) These are designed to show you have the necessary funds to pay the rent both now and well into the future. Ideally, there would be O sufficient funds to cover the entirety of your lease. It is important to the landlord that you will be able to pay the rent for up to a year until you turn a profit. C Prior tax returns The landlord would typically want to see two years back for either your corporation or personal returns, or both. REHI 843.300.5387 www.rehouseintl.com