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Why do you need my Payment history for the term loan I’m refinancing?
Why do you need my Payment history for the term loan I’m refinancing?
Updated over 3 weeks ago

This is needed for the SBA lender to confirm your payments are current, with no delinquencies. If there are any missed payments, the debt will not be eligible for refinancing. Please provide your payment history either as lender statements or a download from your lender’s online portal.

This document should include:

  • Provide the full payment history for the entire life of the loan.

  • Include proof of all payments, whether it's 2 payments or 40.

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