Business loans and lines application
- Channel size
- Online business lending for requests up to $500,000.
- Guarantees
- Every owner of at least 20% must personally guarantee the loan.
- Up to $250,000
- Identification and proof of ownership are listed alongside legal business and taxpayer information.
- Larger requests
- For the $250,000–$500,000 category, the bank requests two years of personal/business returns, current balance sheet, debt schedule, receivables aging and guarantor financial statements; year-to-date P&L after the first quarter.
Provider sources: Business lending requirements · Legal bank identity
