• Loan request amount and detailed allocation of funds
• Year-to-date profit and loss (P&L) statement and balance sheet
• Projected financials (one to three years)
• Business tax returns (last two years)
• Personal tax returns (last two years)
• Personal financial statement
• Owner resumes

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• If you are a startup with previous business experience
• If you are a for-profit business (with time in business above 2 years)
• If the business owner's personal credit score is good
• The business must be U.S. based and owned by U.S. citizen or Lawful
• Permanent resident who is at least 21 years old
• If there are no outstanding tax liens
• No bankruptcies or foreclosures in the past 3 years
• No recent charge-offs or settlements
• Current on government-related loans

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The benefits of an SBA-guaranteed loan are:

• SBA loans can have great advantages over conventional loans, including longer repayment terms which means lower monthly payments and lower down payments which makes upfront costs more affordable.
• Minimum down payment for real estate is 10% and all other loans are 20%.

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Browse our online selection above or speak with one of our Banking Relationship Specialists to find the accounts and services that best meet your financial needs.