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Know Your Number/CDFI Loan Package Builder

CDFI Loan Package Builder

Prepare your Community Development Financial Institution loan application step by step. CDFIs are mission-driven lenders focused on underserved communities, with flexible requirements and emphasis on community impact.

Not sure what to include? View a sample packet
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Underwriter's path

KYN is helping you answer the questions a lender will ask before they ask them.

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The goal is not just to generate forms. The goal is to make the lender's first review boring: complete, consistent, supported, and easy to underwrite.
Repayment first

The lender starts with cash flow, DSCR, debt, and whether the request is sized to the business.

Proof beats story

Every claim should tie to a tax return, bank statement, P&L, balance sheet, contract, invoice, or owner document.

Explain exceptions

One-time costs, seasonality, owner draws, weak months, credit issues, and unusual deposits should be explained before the lender asks.

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CDFIs do not use standardized government forms like SBA loans. Each CDFI has its own application process. This checklist covers the most commonly requested documents across CDFI lenders. Contact your specific CDFI to confirm their requirements.

CDFI Application Forms

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CDFI loan application form
Community impact narrative (500+ words)
Mission alignment statement

Business Plan and Projections

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Business plan with financial projections
Use of proceeds statement
Management team resumes or bios

Financial Statements

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Profit and loss statement (current year to date)
Balance sheet (current)
Personal financial statement (each owner)
Cash flow projections (12-24 months)

Community Impact Documentation

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Community demographic data
Underserved area documentation (LIC, census tract data)
Letters of support from community organizations
Projected impact metrics (jobs, services, etc.)

Tax Returns and Bank Statements

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2-3 years business tax returns
2-3 years personal tax returns (each owner)
6-12 months business bank statements

Business Formation Documents

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Articles of incorporation / operating agreement
Business licenses and permits
Commercial lease or property deed
EIN confirmation letter from IRS

Frequently Asked Questions