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Annual Financial Documentation Collection - Commercial Loans
Annual Financial Documentation Collection - Commercial Loans
Sebi Ovesian avatar
Written by Sebi Ovesian
Updated over a year ago

Hingham Institution for Savings requires that all of our commercial clients submit updated financial information relating to the obligors and the subject collateral on an annual basis, or more often as necessary.

On or around your due date, the Bank will contact you by e-mail with a list of what is required as well as a link to upload your financial documents. Required forms include, but are not limited to, Federal Income Tax Returns, Personal Financial Statements, Rent Rolls and Statements of Income and Expense.

Once you have completed and uploaded the required forms, we will automatically be notified and update your financial file accordingly. You will continue to receive the same request annually so long as the loan remains outstanding.

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