How do we apply?
Pick up the phone and call us. We can talk about specifics of your project. We will meet with the borrower and go over a one page checklist of what we will need to process the loan. Typically we can give very quick feedback with the following starter application:
For all applicants:
Preliminary project description and outline of project costs.
Resume of principals associated with the project.
Copies of the last two (2) years personal tax returns.
Personal financial statement on all principals.
For existing businesses, the following information is generally requested:
Last three years profit and lass and balance sheet on the business (for existing businesses)
Current profit and loss and balance sheet (no older than 90 days)
Copies of the last three (3) years business tax returns.
For start-up businesses the following is required:
Two years projections.
A business plan.