Application Document Checklist
Core Documents Required
- Business plan (comprehensive, updated within last 6 months)
- Executive summary (1-2 pages highlighting key points)
- Business registration documents (Articles of Incorporation, LLC operating agreement, etc.)
- Business licenses and permits (as applicable)
Financial Documents
- Financial statements (last 3 years):
- Income Statements
- Balance Sheets
- Cash Flow Statements
- Tax Returns (business and personal for all owners, last 3 years)
- Bank statements (last 6-12 months)
- Financial projections (3-5 years)
- Detailed use of funds statement
- Credit reports (business and personal)
Legal Documents
- Corporate Bylaws or operating agreements
- Key contracts (customer, supplier, lease agreements)
- Intellectual property documentation (if applicable)
Management Information
- Resumes of key management team
- Organizational chart
Personal Information (for all owners/guarantors)
- Personal financial statements
- Personal tax returns (last 3 years)
- Personal credit reports
Additional Considerations
- Professional advisors contact information:
- Accountant/CPA
- Attorney
- Financial Advisor
- Business consultant
- Timeline for capital needs
- Alternative funding sources identified
- Presentation materials prepared (pitch deck, financial models)
Final Review
- All documents are current and accurate
- Financial information is consistent across all documents
- Documents are professionally prepared and formatted
- Electronic copies are organized and accessible
- Physical copies are available when required
- Confidentiality agreements are prepared for sharing sensitive information
Note: Requirements may vary depending on the type of capital (debt vs. equity), amount requested, and specific lender/investor preferences. Always confirm specific requirements with your target funding sources.