The specific documentation required for a business loan can vary depending on the lender, the type of business loan, and the nature of your business. However, here is a general list of common documents that lenders often request when processing a business loan application: Business Plan: Overview of your business. Description of products or services. Market analysis. Financial projections. Personal and Business Credit Reports: Your personal credit history. Business credit history if applicable. Financial Statements: Profit and loss statements. Balance sheets. Cash flow statements. Tax returns (personal and business). Business Tax Returns: Typically for the past two to three years. Bank Statements: Personal and business bank statements. Legal Documents: Business licenses and registrations. Articles of incorporation. Contracts with third parties. Collateral Documents: Information on assets you are willing to pledge as collateral. Property documents (if real estate is being used as collateral). Business Debt Schedule: Details of existing loans and debts. Personal Identification: Driver's license or passport. Social Security number. Ownership and Management Profiles: Details about the business owners and key management personnel. Lease Agreements: If applicable, for business premises or equipment. Business Bankruptcy and Legal History: Disclosure of any bankruptcies, legal issues, or outstanding judgments. Accounts Receivable and Payable: Details of money owed to the business and money the business owes. Purpose of the Loan: Clear explanation of how the funds will be used. Personal Financial Statements: Especially if you are a sole proprietor or if personal assets are being used as collateral. #tcm #cadfin #loan #funding #investment #expansion https://www.tcmservicemart.com https://g.co/kgs/EWruJK