Quarterly Financial Report for Bank?

[Wendy Carpenter]

I have a new(ish) commercial loan on a mini storage facility. I saw in my loan docs that I'm supposed to submit quarterly financial reports to them.

Can someone help me figure out how to structure my report or what they are looking for? I have been trying to Google it and there's so many different things, that I'm not sure what I'm supposed to be submitting or not. 

 I want to build a good relationship with them, so I don't want to ask them and seem like I don't know what I'm doing (fake it til you make it!). 

[Wendy Carpenter]

I have an attorney and a CPA. This storage facility is on the smaller side and, in general, uncomplicated. This loan is only a few months old, and we will have almost doubled the NOI by year's end. I have chosen to manage and do the financials myself at this point, because I believe that you should know and experience the ins and outs of whatever you choose to invest in, in order to be able to identify when something isn't right or going wrong. I do have a software program that we use for the managing of the units that tracks all of our rent rolls, vacancies, income, etc. so that's all accounted for.

I’m going to contact the bank and ask they what they would like to see. If it’s anything that I feel is beyond my capabilities, I will be for sure contacting a bookkeeper to help. 

Thank you all for your insights and advice!