Prior to applying for a small business, take a look at this checklist to make sure you have all documents gathered. Click here for information on our small business loans.
This checklist is available in a pdf here. And, in Spanish here.
- Government-issued ID for each borrower
- Pay stub(s): as many as three from most recent months may be required from all jobs of each borrower
- Proof of any other verifiable source of income: benefit letter for Social Security/ disability/child support, signed lease agreements for rental income, retirement income, etc.
- Personal bank statements: as many as three from most recent months may be required (include all pages—even if blank— for all accounts)
- Business bank statements: as many as three from most recent months may be required (include all pages—even if blank— for all accounts)
- Business tax return(s): as many as three from most recent years may be required
- Personal tax return(s): as many as three from most recent years may be required
- Year-to-date profit and loss statement (for existing businesses)
- Projections (new business only)
These will be required, our lending specialists can help prepare or coach you through the completion of these:
- Schedule of business assets (a template will be provided)
- Personal financial statement (a template will be provided)
- Business plan for new businesses less than six months old (email wbc@cfra.org for a template)
- Copy(s) of title(s) for any vehicles to be pledged as collateral
- Copy of a recent appraisal or tax assessment for any property to be pledged as collateral
- Business lease agreement (if applicable)
- Purchase agreement—signed or draft (if applicable)
- Business debt schedule (a template will be provided)
