An Attestation is required to confirm that the credit card was used only for business purchases. This helps the lender verify that the debt is business-related and not personal.
The document should be signed by the cardholder and submitted as part of your application. We can provide you with this template if needed.
This document should include:
Cardholder name and account number: The name and account number of the credit card.
A statement specifying business use only: A statement confirming the card was used for business expenses only.
The Attestation ensures the lender that the credit card debt is for business purposes, supporting the refinancing request.