Checklist – What you will need

  • Business Plan (including financial information: current and historical or projected balance sheet, income statement, cash flow statements and income verification if needed). In addition to financial forecasting including repayment capacity, please include comparative industry data when appropriate.
  • Copy of GRIC Identification
  • Copy of GRIC Business License
  • Business and/or personal tax returns for the previous three (3) years (if applicable)
  • Insurance documents (if applicable)
  • Credit Report Authorization/Credit Report form
  • Background Check Release form
  • Copy of Organizational documents (if an LLC or partnership)
  • List, documentation and valuation/appraisals of collateral being offered assecurity
  • Copies of legal documents and other relevant documentation supporting the loan application (including but not limited to proposes/actual leases, titles, etc.)

Additional documents and/or information may be requested.

Future required submissions may include audited/reviewed financialstatements, contracts and/or additional debt entered into subsequent to loan approval.