Credit Policy
- FICO SBSS 155+
- No Bankruptcy in the previous 3 years
- Not currently in any active lawsuit, litigation, or divorce
- Judgments are subject to case-by-case review
- Felonies are subject to case-by-case review
- Tax liens must be paid or on an approved payment plan
- Life insurance is not required
Underwriting Items
- 2 years of Business/Personal (start-ups) Tax Returns
- Interim Financials (P&L and BS dated within 60 days)
- Debt Schedule
- PFS
- ID, driver’s license, or passport
- SBA Form 1919
- Collateral (start-ups)
Lending Restrictions
- Standard SBA ineligible industries (i.e., Investment real estate, marijuana, prurient sexual nature, non-profits, religious organizations, businesses engaged in lending, speculative businesses, etc.);
- Transportation / Logistics;
- Construction, Renovations, and Leasehold Improvements (cosmetic improvements ok);
- Refinance of MCAs is considered on a case-by-case basis.
States
Alabama AL
Alaska AK
Arizona AZ
Arkansas AR
California CA
Colorado CO
Connecticut CT
Delaware DE
Florida FL
Georgia GA
Hawaii HI
IdahoID
Illinois IL
Indiana IN
Iowa IA
Kansas KS
Kentucky KY
Louisiana LA
Maine ME
Maryland MD
Massachusetts MA
Michigan MI
Minnesota MN
Mississippi MS
Missouri MO
Montana MT
Nebraska NE
Nevada NV
New Hampshire NH
New Jersey NJ
New Mexico NM
New York NY
North Carolina NC
North Dakota ND
Ohio OH
Oklahoma OK
Oregon OR
Pennsylvania PA
Rhode Island RI
South Carolina SC
South Dakota SD
Tennessee TN
Texas TX
Utah UT
Vermont VT
Virginia VA
Washington WA
West Virginia WV
Wisconsin WI
Wyoming WY
Prequalification Form
*** All files are subject to full underwriting & qualifications specified by each bank. There can be no assurance that any applicant will be approved and that credit will be offered.***