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Application process
Application process
97 articles
Submitting an application
What documents should I have ready before I apply?
What do you need from me to complete my application?
Is there any cost or obligation when I apply through Lendio?
If I leave halfway through my application, do I lose my progress? 
How do I manually upload my business bank statements?
I made a mistake on my application. How do I fix it?
Who do I contact if I have questions about my application? 
How do I put my Lendio application on hold?
Does Lendio do a hard credit pull on the application?
Why do you pull my credit score?
What is a soft credit pull check?
What is a hard credit pull check?
What is the difference between hard and soft credit inquiries or “credit pulls?”
If I ask for too much or too little does that impact my chances of getting funded?
Can I update my selected options later if I need to correct something?
Why do you need my email address?
Why do you need my phone number?
Does applying impact my credit score?
How long will it take me to complete the application?
How do you determine what amount I’m eligible for?
What impact will taking a loan have on my credit score?
How do I determine what type of financing is right for my business?
What should I consider when deciding the loan amount to request?
Are there any restrictions on how I can use the funding?
What is Finicity?
Why can't I find my bank when I try to connect?
Can I email my business bank statements instead?
How to manually upload your business bank statements?
How do I connect my business bank account with Finicity?
Why is Chase Bank not showing as an option when I try to connect my account?
How many months of business bank statements do I need to provide?
What is the difference between business and personal bank statements?
Is there a limit to how many business bank statements I can upload to my application?
How do I download my business bank statements?
My business bank account won’t connect. What do I do?
What banks does Finicity support?
Can I skip ahead and complete a section of the application if I have the documents ready?
Documents
What type of documents do I need to provide when applying for business financing?
I don’t use or have checks, what else can I provide for a voided check?
Why do the dates need to match in both the balance sheet and the P&L statement?
What types of documents will I be asked to submit when applying for business financing through Lendio?
What if I don’t have any debts to report on my balance sheet?
What if I don’t have any assets to enter into my balance sheet?
What are alternative options for business bank account verification?
How do I make a balance sheet for my business?
How do I upload other documents to my Lendio account?
What is a voided check?
I uploaded the wrong document, how do I remove it from my account?
How do I upload additional documents to my account/application?
How do I upload other documents to my account?
Why do the SBA and lenders require tax returns for SBA loans?
What is a Business Tax Return?
What is a Certificate of Members / Corporate Secretary?
What is a Commercial Lease Agreement?
What is a Business License?
What is a Certificate of Good Standing and why do you need it?
What is a Fictitious Trade Name / Registration for DBA?
What is a Landlord Options to Renew Agreement?
What is a Landlord Subordination?
What is a Personal Bank Statement?
What is a Personal Tax Return?
What is a Voided Check?
What is an Operating Agreement?
What is General Liability Insurance and why do I need it?
What is Worker’s Compensation Insurance?
Who do I need to provide a COVID-19 Questionnaire?
Who do I need to provide my Business History?
Why do I have to provide my Use of Proceeds?
Why do I need to provide a Resume for each owner with 20%+ equity?
Why do I need to provide my most recent Mortgage Statement for each owner with 20%+ equity?
Why do I need to provide my Business Personal Property Insurance?
Why do I need to submit a Personal Financial Statement for each owner with 20%+ equity?
Why do I need to submit an SBA 1919 Form for each owner with 20%+ equity?
Why do you need 12 months' recent statements for the credit card I’m refinancing?
Why do you need a Debt Schedule for each Affiliate Business that I own 20% or more of?
Why do you need a Payoff Quote for the term loan I’m refinancing?
Why do you need a Promissory note for the term loan I’m refinancing?
Why do you need a Signed Written Explanation of Offense?
Why do you need a YTD Profit & Loss Statement for each Affiliate Business that I own 20% or more of?
Why do you need an Affiliate Addendum Form for each Affiliate Business that I own 20% or more of?
Why do you need an Attestation for the credit card I’m refinancing?
Why do you need Business Tax Returns for each Affiliate Business that I own 20% or more of?
Why do you need to submit Court Documentation?
Why do you need my Equipment Quote and Wiring Instructions?
Why do you need my Green Card?
Why do you need my Payment history for the term loan I’m refinancing?
Why do you need my YTD Balance Sheet for each Affiliate Business that I own 20% or more of?
What is a Resolution to Borrow?
What are Articles of Organization / Incorporation?
Why do I need to provide an Equipment List?
What is a Professional License and why do I need to submit one?