Before you start the application process, you should have the following documents ready:
Business bank statements: Your three most recent business bank statements (four if you’re in CA or NY) to demonstrate financial stability
Driver's license: A valid government-issued ID for all owners or authorized signatorie
Voided check: To verify your business's bank account information
Collateral information: If you're applying for a secured loan, have details about any collateral you're offering
In addition to these documents, if you’re applying for an SBA/term loan, you’ll need to provide the following:
Tax returns: Both business and personal tax returns for the previous year(s).
Profit & loss statement (P&L): This document provides an overview of your business's revenues, costs, and expenses during a specific period
Balance sheet: A snapshot of your business's financial condition at a specific point in time
Business plan: This is relevant for startups or new businesses
Still need help? Get in touch with our Customer Success team by chat, emailing [email protected], or calling (855) 853-6346*.
*Hours of Operation: Monday-Friday 7:30 am – 5:00 pm MST