Borrowing base certificate template excel 2026

1. Click ‘Get Form’ to open the borrowing base certificate template in the editor.
2. Begin by entering your company name at the top of the form. This identifies who is submitting the certificate.
3. Fill in the date of completion in the designated field to ensure accurate record-keeping.
4. In section A, input your total accounts receivable. Then, subtract any accounts that are over 90 days old to calculate your total eligible accounts receivable.
5. Proceed to section B and enter your total inventory. Multiply this figure by the specified percentage to determine eligible inventory.
6. For section C, list your net fixed assets and apply the relevant multiplier to find eligible net fixed assets.
7. Sum up all eligible amounts from sections A, B, and C to find your total eligible borrowing base.
8. Finally, deduct any current borrowing on your line of credit from this total to arrive at the amount available for paydown.
9. Complete the certification statement at the bottom by signing and dating it, along with providing your title.

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