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Before You Begin: Pre-Application Checklist

Applications submitted without all required documents may experience delays or be declined. If you need assistance gathering any documents, please contact us using the button below.

You can learn more about our application process here, please review all of our resources if you run into any issues.

All loan applications have an application fee of $105. This fee is non-refundable.

You will have the option to save and continue your loan application at a later date, up to 30 days in the future.  This option can be found on the bottom of each page of the loan application.

To ensure a successful application process, please confirm that you have the following documents ready:

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    Sole Proprietorship:

    • Copy of either your IRS EIN LetterFederal tax ID that can be obtained with a Form SS-4 or SSN CardSocial Security Number card – your primary tax identification if you don’t have an EIN.

    Limited Liability Company (LLC)Business structure that protects personal assets from business debts and liabilities:

    • Copy of Articles of OrganizationLegal document filed with the state to officially create your LLC.
    • Copy of Operating AgreementInternal document that outlines how the LLC will be managed and operated.
    • Copy of IRS EIN LetterFederal tax ID that can be obtained with a Form SS-4.

    Corporation:

    • Copy of Articles of IncorporationLegal document filed with the state to officially create your corporation.
    • Copy of IRS EIN LetterFederal tax ID that can be obtained with a Form SS-4.
    • Copy of Board ResolutionOfficial decision made by the company’s board of directors, documented in writing authorizing borrowing.

    Not-for-Profit Corporation:

    • Copy of Articles of IncorporationLegal document filed with the state to officially create your corporation.
    • Copy of organization’s BylawsInternal rules and procedures that govern how the organization operates.
    • Copy of IRS EIN LetterFederal tax ID that can be obtained with a Form SS-4.
    • Copy of Board ResolutionOfficial decision made by the company’s board of directors, documented in writing authorizing borrowing.
    • Current Profit and Loss StatementFinancial report showing revenue, expenses, and net income over a specific period.
    • Current Balance SheetFinancial snapshot showing what your business owns (assets) vs. what it owes (liabilities) at a specific date.
    • If in operation >2 years: Last 2 years of business tax returnsOfficial tax filings (Form 1120, 1120S, or 1065) that show your business income and expenses to the IRS.
    • If in operation <2 years: Last filed business tax returnOfficial tax filings (Form 1120, 1120S, or 1065) that show your business income and expenses to the IRS.
    • If a startupNew business that hasn’t filed tax returns yet or has been operating for less than one year: 12-month profit and loss projectionsEstimated future revenue and expenses showing how you expect the business to perform financially.
    • Government issued ID for each owner/member (e.g. Driver’s License, Passport, etc)
    • Bio/Background of each owner

     

Applications submitted without all required documents may experience delays or be declined. 

Additional information may be requested if warranted to make a loan decision

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If you're missing any documents or need assistance, explore our resources or reach out to our team.

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The Loan Fund

General Inquiry Form

Thank you for reaching out. Whether you have questions about our services, need guidance on funding options, or simply want to connect, we’re here to support you.

Please fill out the form below with your inquiry. A member of our team will respond as soon as possible. We look forward to learning more about how we can assist you and your business.