How to Apply
Requirements
Before applying for a business loan with a company, make sure that you meet these criteria:
Your FICO score is 625 or more;
Your experience in owning a business is more than six months;
Your business has more than $10,000 in monthly revenue;
The business is regulated in the USA but not in Nevada, North and South Dakota;
Your business is not developing in one of the following industries: Illegal gambling, pornography, and paraphernalia, political campaigns, firearms, and paraphernalia, or illegal substances.
Application details
To apply, you need to provide your Social Security number and Tax ID. Also, after submitting the application, you may be asked to provide additional documents such as confirmation of your monthly revenue and documents confirming the number of owners and their ownership share.
You need to link a bank account to your application. This can be a company account or an account of any external bank in the country. Or you can provide bank statements for the last three months. If your business has several owners who have at least 20% of the enterprise, you need to provide information and documents for each owner.
After clicking on the "Start application" button, fill out the information about your business. Fill in the business name, physical address, work phone number, annual revenue, industry, what customers you have, entity type, and tax ID.
Next, you need to link your bank account. You can do this using the Paint tool or enter all the account data manually. You can link an account from an external bank. After that, fill in the information about yourself and submit an application. The company will contact you shortly.
