SMALL BUSINESS CONCERN

• Last three (3) years fiscal year-end Financial Statements and Tax Returns

For existing business and any affiliates (20% or more ownership interest by any of the owners, partners, or shareholders of the borrower).

• Interim Balance Sheet & Income Statement

(Within 60 Days)  For existing business and any affiliates. Include an aging of accounts receivable and accounts payable, if applicable.

• Two Years Annual Projections

On start-up companies or businesses, which cannot cash flow the debt based on historical performance. Include a description of the assumptions on which the projections are based.  First year projections must be broken down by month.

• Business Acquisition

Last three (3) years Tax Returns from Seller or Seller certified financial statements & Seller's interim financial statement (within 60 days) and a copy of the purchaser agreement. Copy of purchase agreement signed by both parties.

• Articles of Incorporation and By-Laws /Certificate of Limited Partnership and Partnership Agreement /Limited Liability Company 's Articles of Organization and Operating Agreement
• Any existing or proposed leased agreements
• Business Debt Schedule

Including loan date, amount, monthly payment, interest rate, current balance, maturity date and collateral.

• Schedule of Any Previous Government Financing

Received by any principals or affiliated companies. Include the name of the agency, the original date and amount, the outstanding balance, status of the loan and collateral securing the loan.

PRINCIPALS

• Personal Financial Statements (current within 60 days) & Personal Tax Returns (3 years)

For each proprietor, partner, and stockholder with 20% or more ownership of the company or eligible passive company. If current year tax returns have not yet been filed, please provide a copy of the request for extension.

• Management Resumes

On principals and key employees involved in the day-to-day management of business.

• If not a US Citizen, attach proof of Resident Alien Status

(copy of front and back of card) and copy of Drivers License. INS must verify immigration status on all non-US Citizens.

PROJECT

• Use of Proceeds /Source of Equity Injection

• History and Description of Business

• Cost Documents

(real estate or sales contract, construction bids, vendor quotes, etc.)

• Legal Description of real property being acquired or being taken as collateral.

• Appraisal

• Environmental Report

• Franchise Agreement &FTC disclosure Statement (if applicable)

• Survey of Real Estate

Loans subject to  normal credit approval and to SBA approval.