Case Submission Procedures and Requirements

CORPORATE BORROWER (S-CORP, C-CORP, LLC AND PARTNERSHIPS)

  • Signed Loan Underwriting Form (LUF)
  • Corporate and Individual tax returns - complete with all schedules - signed and dated (last 2 consecutive years)
  • Copy of Driver's License
  • Insurance carrier illustration
  • Finance illustration if prepared
  • State certified corporate formation documents (i.e. Articles of Incorporation)

INDIVIDUAL BORROWER (IRREVOCABLE LIFE INSURANCE TRUST)

  • Signed Loan Underwriting Form (LUF)
  • Tax returns - signed and dated from either the Trust (if available) or Trust Grantor/Insured (last 2 consecutive years)
  • Copy of Driver’s License
  • Insurance Carrier Illustration
  • Finance illustration if prepared
  • Complete executed copy of trust documents

ADDITIONAL INFORMATION/REQUIREMENTS

UPON REVIEW, WE MAY REQUIRE (AMONG OTHER DOCUMENTATION):

  • Statements to support liquid assets
  • CPA letters of support
  • Business valuation reports, property tax records, etc.
  • If tax returns have been extended:
    - Copy of extension
    - Year-end balance sheet & Income Statement
    - Interim balance sheet
    - W-2’s, 1099 or K-1’s, as applicable

 

Please provide all of the above items/information as necessary. Send items, along with completed insurance and/or annuity paperwork, to:

Global Financial Distributors, Inc.
ATTN: [Your Financial Services Manager]
1200 Ashwood Pkwy
Suite 150
Atlanta, GA 30338
Fax: 770.696.5482