Closing Checklist

Internal CCG Use Only

Corporate Documentation

  • ☐ Commercial Credit Application
  • ☐ Articles of Incorporation / Organization
  • ☐ EIN Verification
  • ☐ Good Standing Verification
  • ☐ Secretary of State Search

Underwriting

  • ☐ Soft Credit Authorization
  • ☐ Hard Credit Authorization
  • ☐ OFAC / AML Review
  • ☐ UCC Search Completed
  • ☐ Financial Review Completed
  • ☐ A/R Review Completed
  • ☐ Borrowing Base Approved

Loan Documentation

  • ☐ Master Credit and Security Agreement
  • ☐ Promissory Note
  • ☐ ACH Authorization
  • ☐ Controlled Account Agreement
  • ☐ UCC Authorization
  • ☐ Commercial Financing Disclosure
  • ☐ Corporate Resolution
  • ☐ Personal Guaranty (if required)
  • ☐ Personal Financial Statement (if required)

Funding Conditions

  • ☐ Controlled Account Established
  • ☐ ACH Verified
  • ☐ Initial Borrowing Base Approved
  • ☐ Funding Request Approved
  • ☐ Wire Instructions Verified
  • ☐ UCC Filing Completed

Funding Authorization

Approved By: __________________________________________

Title: ________________________________________________

Date: ________________________________________________

Funding Amount: $ _____________________________________

Funding Date: _________________________________________

Signature: ____________________________________________