Getting Ready to Apply
Basic documents required for your application include:
- Personal and business addresses
and contact information - Personal and business tax returns
and bank statements - Personal financial statements on
ALL principals owning more than 20% of the business - Business income statement and
balance sheet (if in business) - Purpose of loan and information
about planned use of proceeds - Personal and business pro-formas
and debt information - List of collateral to be used to
secure the loan - Documentation of other forms of
income - If using a co-signer, their
personal information - References
- Pay stubs and proof of all income
listed on application, if employed - Startups (12 months of operation
or less) will need a detailed business plan, financial projections, start-up
budget, and proof of equity - Invoices/estimates on equipment,
furnishings, fixtures, etc. to be purchased with the loan proceeds.
Additional documents may be required on a case-by-case basis.
Any small business owner or entrepreneur within our counties served.