These documents are mandatory for our Loan Program as well as most of our Partner Lenders. Depending on your project, you may be required by the lender to provide additional documents not listed here.

Executive Summary

This document describes your business, including annual sales, number of employees, length of time in business, and ownership.

Business Plan

A business plan is critical. A business plan should convey all-important facts about your business in a concise manner and must include financial projections.

Loan Application

The loan application states the amount of money requested. Fill out an application now by clicking here.

Bank Statements

You may need to provide personal financial information for anyone who owns 20% or more of the business, including owners, partners, officers, and stockholders. Commercial lenders want to see a complete schedule of current debts with balances, payment schedules, maturity, and collateral used to secure other loans (if any).

Other Documents

You may be asked to provide:

• Balance sheets from the last three years.
• Profit and loss statements from the last three years.
• Personal financial statements listing personal assets and liabilities.
• Business and personal tax returns.

Commercial lenders may require these additional loan documents:

• Articles of Incorporation.
• Proof of taxpayer ID number.
• Legal descriptions of real property.
• Leases.
• Equipment inventories with serial numbers.
• Proof of insurance for collateralized items.

These documents will improve your chances of being approved:

• An LOI from commercial accounts stating their intent to do business with you.
• Market data showing demand for your type of business.
• Research on competitors.