BUSINESS UNION FINANCIAL WORKING CAPITAL REQUIREMENTS

PRE-QUALIFICATION CRITERIA

  • Income-Min of $8,000.00 per month
  • Time in Business-Min of 3 months
  • Other Fundings
  • Recent Tax Liens or Bankruptcies
  • Purpose of Working Capital Advance or Loan
  • What type of Industry are you in
  • Are you a home based business
  • How much do you want to borrow

DOCUMENTS NEEDED TO APPLY

  • Signed Application
  • Business Checking Account-min of 3 months or more
  • Credit Card Processing Statements (if applicable) min of 3 months or more
  • Drivers License or ID

DOCUMENTS NEEDED AFTER APPROVED

  • Business Account Voided Check
  • Proof of Ownership or Business License
  • Statement of Debt Schedule for other Fundings (if applicable)
  • YTD P&L’s, Tax Returns, Aged A/R & A/P reports (when required by lender)
  • Landlord Lease Agreement  (if applicable)