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Lenders will require a list of personal property assets to help collateralize the loan. This video and template format will assist in preparing a list of the Personal Property (Tangible Assets) being sold in a manner often used by lenders. The categorical “asset class” breakdown may also be helpful with tax filing considerations.

Lenders will require a list of personal property assets to help collateralize the loan. It’s best if you have this in advance. This
template format will assist in preparing a list of the Personal Property (Tangible Assets) being sold in a manner often used by lenders. The categorical “asset class” breakdown may also be helpful with tax filing considerations.

Includes a sample Asset Summary for your use.