APPLICATION GUIDELINES

Application Only Package
(Hard Assets up to $ 75,000.00)

Credit Application: Completed and signed application (our form or yours) must include credit release statement. (Please provide Federal Tax ID# and D&B# if available)

Bank Reference: Include account number(s), branch phone number and contact person. To expedite processing we highly recommend attaching most resent three (3) months of business bank statement (first and/or summery page of each month would be sufficient). If account is less than one year old, we need prior banking information.

Trade References: Provide three (3) business trade references (for example, suppliers, service providers, repair facility, printers or yellow book advertising agency, etc.) Must provide contact name, phone number and account number.

Comparable Credits: Provide any comparable term debt with a minimum of 65% of requested amount with at least one year pay history.

Personal Guarantor(s): Provide complete personal information on majority owner(s) with 20% or more ownership.

Equipment Description: Complete equipment description including specifications, Cost breakdown, trade-ins, down payments, etc. Attach Purchase Order or Invoice. If the equipment is unusual we may need copy of brochure.

Transaction Summery: On your cover sheet provide the following information; purpose of equipment, if it's an addition or replacement. Any useful company information. Capital cost of the equipment and term request.


Full Financial Application Package
(Equipment cost of $75,000.00 and up. In addition to above material must provide the following)

Company Financial Statements: Two years of Corporate Tax Returns (e.g. 1120's) Balance Sheets, Profit & Loss statements and latest interims.

Principal(s) Financial Information: Personal Financial Statement, "PFS" signed and dated, not more than 6 months old. Two (2) years of personal Tax returns (e.g. 1040's). If business is a Proprietorship must include Schedule "C"

Additional information may be requested at time of credit review and all information is subject to verification.