• Personal Financial Statement for each owner, proprietor, partner or stockholder with 20% or more ownership.
• Personal Tax Returns for 1 year for each owner, proprietor, partner or stockholder with 20% or more ownership.
• Tax Returns for the previous 2 yrs for the operating company.
• Interim Balance Sheet, Income Statement, accounts payable and receivable agings (if applicable) dated within 90 days of the application.
• For a new business, provide a proforma balance sheet, projected income statement and a monthly cash flow analysis for the first 12 months of operation with a detailed description of assumptions.
• Copy of key cost documents, such as purchase & sale agreement, contractor cost estimates, vendor quotes for machinery & equipment.