• Borrowing Base Certificate

    Complete the following information for the corresponding Accounts Receivable Aging Report and Balance Sheet for the Month reported.

  • Accounts Receivable Summary

  • Total Accounts Receivable*
  • Less: Accounts over 90 days*
  • Less: Inter-company Accounts*
  • Less: Bonded Accounts*
  • Less: Concentration of Accounts in excess of 10%*
  • Less: Other as defined by Bank*
  • Advance Rate (not to exceed 80%)

  • Inventory Summary

  • Total Inventory*
  • Advance Rate (not to exceed 50%)

  • Available Borrowing Base

  • Note:  If the current line of credit funded loan amount is greater than the borrowing base limit, the loan must be paid down accordingly.

  • Less: Current Loan Balance (maximum commitment)*

  • Supporting Documents

  • Click here to upload the Accounts Receivable Aging Report and Balance Sheet for the reported Month. *

  • Certification and Acknowledgement

  • This certificate is made and given in compliance with the laon agreement dated
  • For purposes of securing credit from Bank of the James, I hereby certify that I am authorized by this company to provide this information on its behalf and the above information is true and correct in all material respects and the assets are assigned and pledged to the Bank. This certificate is made and given in compliance with the Loan Agreement and Security Agreement with the following date. *
  • Date Prepared*
     / /
    2 digit month, 2 digit day, 4 digit year
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  • Should be Empty: