Your P&L tells the story
Profit and Loss (P&L) Loans for Real Estate Investors
A profit and loss (P&L) loan lets self-employed borrowers qualify with a business P&L statement instead of full tax returns. We broker these loans in many states.
The Funding ClinicMailing address: 5665 W. Wilshire Blvd #1506, Los Angeles, CA 90036(844) 524-3863 · Mon–Fri 9:00 AM–5:00 PM
01 / Understand the loan
What to Know About Profit and Loss (P&L) Loans
Let your P&L show what you earn.
A P&L loan is a type of Non-QM loan. The lender reviews a profit and loss statement for your business, usually prepared by a CPA or tax preparer.
That statement can show what your business really earns, which may be more than what appears on a tax return after write-offs.
02 / See how it fits
Who It Helps
- Self-employed owners and business owners
- Investors who also own a business
- Borrowers with write-offs that reduce taxable income
- Buyers who want an alternative to a full tax review
What to Have Ready
Requirements differ by lender and program. These items often come up:
- A completed loan application and credit authorization
- A profit and loss statement for your business
- Proof that your business is active
- Photo ID and entity papers
- Proof of funds and reserves
03 / Wherever your deal is
Profit and Loss (P&L) Loans in Many States
We work with investors by phone and video, so you can book a call from wherever your property is. We can broker business purpose loans in the states below. Programs, terms, and availability depend on the lender and the state.
- Alabama
- Arkansas
- California
- Colorado
- Connecticut
- Delaware
- District of Columbia
- Florida
- Hawaii
- Illinois
- Indiana
- Iowa
- Kansas
- Kentucky
- Louisiana
- Maine
- Maryland
- Massachusetts
- Mississippi
- Missouri
- Nebraska
- New Hampshire
- New Mexico
- New York
- Ohio
- Oklahoma
- Pennsylvania
- Rhode Island
- South Carolina
- Texas
- Vermont
- Washington
- West Virginia
- Wisconsin
- Wyoming
Investing in Los Angeles? See Profit and Loss (P&L) Loans in Los Angeles or see where we work.
04 / A little clarity
Common Questions
Who prepares the P&L?
Lenders usually want it prepared by a CPA or tax preparer. Rules differ by lender.
How is this different from a bank statement loan?
A bank statement loan uses your deposits. A P&L loan uses a profit and loss statement.
Can I use one for investment property?
Often yes, depending on the lender.
Does credit matter?
Yes. Credit and reserves still affect your options.
05 / Explore your options
Other Investor Loans
Know Who You’re Working With
The Funding Clinic is a mortgage broker. We arrange loans funded by third-party lenders. View our BBB business profile to learn more about our company. Read our Google reviews
Your next move starts here
Ready to talk about your deal?
Tell us about your deal. We will help you find the right loan.
The Funding ClinicMailing address: 5665 W. Wilshire Blvd #1506, Los Angeles, CA 90036(844) 524-3863 · Mon–Fri 9:00 AM–5:00 PM