Bank Financing & Lender Reporting
Support for businesses applying for or maintaining bank credit: the financial statement package a lender expects, the projections that accompany a loan request, covenant calculations, and the reporting a lender requires while the facility is outstanding. Jacobs & Newmark's team includes CPAs who have sat on the company side of lender negotiations as controller and CFO.
What this covers
- The financial statement package a lender expects
- Projections to accompany a loan request
- Covenant calculations and ongoing lender reporting
- Personal and entity statements presented together
- Support through the lender's questions
When people call us about this
- You are applying for or renewing a credit facility
- A lender has asked for reporting you do not currently produce
- A covenant is close and you want to know before the bank does
- You are buying a building or refinancing one
Any of these is a reason to call. We will tell you what the situation actually takes before you engage the firm.
Who handles this
Where this matters most
Construction, Manufacturing & Distribution
John Whiston, CPA specialized in assurance and consulting for construction, manufacturing and distribution clients, including SEC registrants, at global and national accounting firms, and is a member of the Construction Financial Management Association.
Real Estate
Edward P. Newmark, CPA specializes in financial and tax accounting for small and medium sized, closely held businesses and has deep expertise in real estate.
Other services
- General Bookkeeping
- Financial Accounting & Statement Preparation
- Reviews & Compilations
- QuickBooks Setup, Training & Cleanup
- Payroll & Sales Tax Compliance
- Cash Flow Management
- Strategic Business Planning
- Business Succession Planning
- New Business Formation
- Business & Individual Tax Preparation
- Tax Planning
- Tax Problem Resolution & IRS Representation
Tell us about the business.
A first conversation is about what you run, how the books are handled now, and what prompted you to look. If we are the right firm we will say so, and if we are not we will say that too.
- DuPage County
- Wheaton, IL
106 E Liberty Dr., Suite 201 - Lake County
- Buffalo Grove, IL
100 Lexington Dr., Suite 210 - Hours
- Monday – Friday, 9:00am – 5:00pm