SBA SOP 50 10 8, App9 — SAMPLE BORROWING BASE CERTIFICATE AND REPORT TO

SOP 50 10 8 App9

Effective 2025-06-01 · publisher's stamp for this provision

APPENDIX 9: SAMPLE BORROWING BASE CERTIFICATE AND REPORT TO LENDER FOR THE PERIOD ENDING , 20 EFFECTIVE DATE OF LAST REPORT: TO BE COMPLETED BY ALL ASSET BASED BORROWERS TO REPORT AND RECONCILE THEIR ACCOUNTS RECEIVABLE AND INVENTORY. THE VALUES HEREIN DO NOT PREVENT THE LENDER FROM MAKING THEIR OWN DETERMINATION OF APPROPRIATE VALUES. ACCOUNTS RECEIVABLE (As of This Period) 1. Accounts Receivable from Previous Report $ 2. (+) New Total Sales from Last Report $ 3. (-) Less Cash Sales from Last Report $ 4. (=) Total Credit Sales Since Last Report $ 5. (-) Account Receivable Collection Since Last Report $ 6. (+/-) Adjustments $ (-) Non-Trade Receivables $ (-) Affiliated Company Receivables $ ( ) Other: $ 7. (=) Net Accounts Receivable (As of Period End) $ 8. (-) Accounts Receivable Over 90 Days $ 9. (=) Eligible Accounts Receivable (As of Period End) $ 10. (X) % of Eligible Accounts Receivable $ Appendix 9: Sample Borrowing Base Certificate & Report to Lender INVENTORY (As of This Period) 11. RAW MATERIAL INVENTORY $ 12. (+/-) Adjustments $ ( ) $ ( ) $ 13. (=) Total Eligible Raw Material Inventory: $ 14. (X) ___ % of Raw Material Inventory $ 15. WORK IN PROGRESS INVENTORY $ 16. (+/-) Adjustments $ ( ) $ ( ) $ 17. (=) Total Eligible Work in Progress Inventory: $ 18. (X) ___ % of Work in Progress Inventory $ 19. FINISHED GOODS INVENTORY $ 20. (+/-) Adjustments $ ( ) $ ( ) $ 21. (=) Total Eligible Finished Goods Inventory: $ Appendix 9: Sample Borrowing Base Certificate & Report to Lender RECONCILIATION 23. Total Lines 10, 14, 18, & 22 $ 24. Face Amount of Note: $ 25. Borrowing Base (Lesser of Line 23 or 24) $ 26. Loan Balance form Previous Report $ 27. (+) Plus Total Advances Since Last Report $ 28. (-) Less Total Payments Since Last Report $ 29. (=) Loan Balance Per Borrowers Books (Line 26 + 27 - 28) $ 30. Approximate Amount Available to Borrower (Line 25 - 29) $ Borrower: Loan Number: Authorized Signature: Date: * A current listing and aging of accounts receivable and accounts payable are attached ** Description of inventory and certification of values are attached. Appendix 9: Sample Borrowing Base Certificate & Report to Lender SAMPLE BORROWING BASE CERTIFICATE & REPORT TO LENDER For the period ending: Date of last report: Completed by all CAPLines asset-based sub-programs. Borrowers to report and reconcile their accounts receivable and inventory. The values herein do not prevent the Lender from making its own determination of appropriate values. Pursuant to the E-Tran Terms and Conditions and the Note between undersigned (Borrower) and (Lender) dated ( ), the Borrower hereby requests an additional loan as follows: 1. Loan Balance on Previous Report $ 2. Advances Since Last Report $ 3. Total Payments Since Last Report (agrees w/#4 on reverse as long as loan balance exceeds collections) $ 4. Loan Balance on Books $ 5. Amount Available to Borrow (from Collateral Reconciliation) $ 6. Amount Requested (If #5 above is positive) $ 7. Check attached for balance (If #5 above id Negative) $ Appendix 9: Sample Borrowing Base Certificate & Report to Lender BORROWING BASE a. Total Accounts Receivable $ b. Ineligible Accounts Receivable $ c. Eligible Accounts Receivable $ d. Accounts Receivable Advance Rate Percentage $ e. Borrowing Level for Accounts Receivable $ f. Total Inventory $ g. Ineligible Inventory $ h. Eligible Inventory $ i. Inventory Advance Rate Percentage $ j. Borrowing Level for Inventory $ k. Borrowing Base (e + j) $ The above is certified to be in accordance with the revolving line of credit authorization. Borrower: Loan Number: Authorized Signature: Date: * A current listing and aging of accounts receivable and accounts payable are attached. ** Description of inventory and certification of values are attached. Appendix 9: Sample Borrowing Base Certificate & Report to Lender SAMPLE BORROWING BASE CERTIFICATE & REPORT TO LENDER COLLATERAL RECONCILIATION ACCOUNTS RECEIVABLE 1. Accounts Receivable Last Report $ 2. Credit Sales Since Last Report $ 3. Total $ 4. Collections Since Last Report $ 5. Accounts Receivable Per Books $ 6. Ineligible Accounts Receivable $ 7. Eligible Accounts Receivable $ INVENTORY 8. Inventory Per Books $ 9. Ineligible Inventory $ 10. Eligible Inventory $ Appendix 9: Sample Borrowing Base Certificate & Report to Lender RECONCILIATION 11. Accounts Receivable Borrowing Base ( percent of 7 above) $ 12. Inventory Borrowing Base ( percent of 10 above) $ 13. Total $ 14. Face Amount of Note $ 15. Borrowing Base $ 16. Loan Balance on Books $ 17. Amount Available to Borrow (#15 minus 16) $ SAMPLE BORROWING BASE CERTIFICATE & REPORT TO LENDER LISTING OF INELIGIBLE ACCOUNTS RECEIVABLE AND INVENTORY ACCOUNTS RECEIVABLE A. Accounts Receivable over 90 days $ B. Contra Accounts $ C. Foreign Accounts $ D. Affiliate Accounts $ E. Retention, Dated Sales, Consigned Sales $ F. Credit Memo/Balances $ G. Bonded Jobs $ H. Pre-Billed Accounts $ I. Total Ineligible Accounts Receivables $ Appendix 9: Sample Borrowing Base Certificate & Report to Lender INVENTORY J. Work in Progress $ K. Other Ineligibles (specify) $ L. Total Ineligible Inventory $ Appendix 10: Electronic Signatures

Source: SBA SOP 50 10 8, App9 — SAMPLE BORROWING BASE CERTIFICATE AND REPORT TO · source URL · snapshot 535743ffe062cc34