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Business Loan Process

Step 1: Last 3 years of business financial statements or tax returns

Step 2: Year-to-date comparative financial statement

Step 3: Last 3 years of personal tax returns for owners of the business

Step 4: Current personal financial statement for owners of the business

Step 5: Contract backlog, A/R aging, financial projections as appropriate

Step 6: Other data helpful in understanding your plan or business

 

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