1 - Ability to Repay Loan.
2 - Good Credit History
3 - Funds must be used for Business or Commercial purposes.
4 - Minimum Loan Application is $5,000.00 and there is no Maximum.
5 - Completion of Preliminary Application.
6 - Business has been Operating for a Minimum of 2 years.
7 - Written Business Plan
8 - Financial Statements for last 2 years.
9 - Corporate Tax Returns for last 2 years.
10 - Copy of Incorporation Certificate or Business Registration.
11 - Current Interim Financial Statements
12 - Personal guarantee from Shareholders / Owners.
13 - Proforma Financials
14 - Copy of Incorporation Memorandums regarding borrowing.
15 - List of equipment with Market Value
Depending on increased loan amounts (5 million+), structured deals, or difficult projects to fund, more information may be required.
