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Business Loan Checklist
Before you apply for a loan with us, we'll need you to put together some information about your business*:
- Business Financial Statments
Make copies of Business Financial Statements (three most recent years and new year interim data if year end was more that 5 months ago)
- Federal Business Tax Returns
Make copies of Federal Business Tax Returns (three most recent years)
- Personal Tax Returns
Make copies of Personal Tax Returns (three most recent years, include all supporting schedules and W-2s from all individuals and guarantors)
- Loan Down Payment Explanation
On a separate sheet of paper, explain your cash injection (down payment) on the loan. If the down payment is a gift, explain the details of the gift, ie., amount of the gift, repayment terms and interest rate.
* Please note: Additional data may be required.
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