Section 12 · Loans and Financing
The SBA provides formal business-plan guidance and uses Form 413 for personal financial information.
Loan readiness combines standard business financial documents with, in applicable programs, a personal financial statement from ownership \u2014 always handled through the encrypted restricted vault.
Loan-readiness documents
- Business plan
- Loan amount
- Use of funds
- Repayment source
- Historical financials
- Tax returns
- Debt schedule
- Bank statements
- Accounts-receivable aging
- Accounts-payable aging
- Personal financial statement
- Collateral schedule
- Equipment quotes
- Purchase agreements
- Lease documents
- Franchise documents
- Management resumes
- Ownership information