Finance / Capital

Financial Application Process & Form

To be evaluated for financing or leasing you'll need to gather comprehensive information regarding your business. Below we provide a summary of what to expect in our downloadable application form. Should you have any questions, or need further assistance, please call Swoboda Hospitality Specialists at 602-468-3548.

  1. SBA-4 : Application for Business Loan
  2. SBA-2202 : Business Debt Schedule. Must be dated the same date as the Interim Financial Statement and reflect all outstanding liabilities as shown on the Interim Financial Statement.
  3. SBA 413 : Personal Financial Statement. Complete this form if: a) a sole proprietorship, by the proprietor; b) a partnership, by each limited partner with 20% or more ownership and by each general partner; c) a corporation, by each stockholder with 20% or more ownership; d) a limited liability company, by each member owning 20% or more; or e) any other person providing a guaranty on the loan.
  4. Management Resume(s) : Provide complete resumes on all individuals referred to in 3. above as well as by each officer and director of a corporation.
  5. SBA 912 : Statement of Personal History. To be completed by each individual referred to in 3. above as well as by each officer and director of a corporation.
  6. History of Business.
  7. Certificate of Secretary : Required for corporations only.
  8. BBB-Auth : Authorization to Obtain/Release Information. A separate form needs to be completed and signed by each entity and individual who is a borrower or guarantor, as follows:
    • For a sole proprietorship, sole proprietor’s signature is required.
    • For a partnership, signature of one general partner is required.
    • For a corporation,. signature of the President or other authorized officer is required.
    • For a limited liability company, signature of managing member or other authorized person(s) is required
  9. Certification of Financial Statement : For each financial statement submitted a Certification of Financial Statement should be completed, signed, and attached to the financial statement.
  10. 4506-T : Authorization for Tax Verification. A separate form 4506 is required for each entity and individual who is a borrower or guarantor, and should be completed, signed, and dated as follows:
    • For a sole proprietorship, sole proprietor’s signature is required.
    • For a partnership, signature of one general partner is required.
    • For a corporation, signature of the President or other authorized officer is required.
    • For a limited liability company, signature of managing member or other authorized person(s) is required.
  11. Business Financial Statement for the three prior fiscal year ends and Complete Federal Tax Returns for the past three years, with all Schedules. After photocopying financial statements and tax returns, please sign and affix current date.
  12. Interim Financial Statement : Income and balance sheet dated no older than 45 days. Must be the same date as the Business Debt Schedule and the Accounts Receivable and Accounts Payable Agings. After photocopying financial statements, please sign and affix current date.
  13. Accounts Receivable and Accounts Payable Agings, if applicable. Must be dated the same date as the Interim Financial Statement.
  14. Tax Returns : Personal Federal Tax Returns. Complete tax returns for the past three years on each individual referred to in 3. above (Personal Financial Statement). After photocopying tax returns, please sign and affix current date.
  15. Tax Returns : From All Affiliates. (Any entity in which the applicant business or any of the individuals referred to in 3. above has an ownership interest of 20% or more.) Complete Federal tax returns for the three prior fiscal-year ends and Interim Financial Statement. After photocopying tax returns and financial statements, please sign and affix current date.
  16. Projections Worksheet : Monthly income and expense projections for a one-year period.
  17. Copy of Purchase Agreement/Escrow Instructions, Notes Being Refinanced, FTC Disclosure and Franchise Agreement, if applicable.
  18. Business Plan : Provide this if business has not started, has been established for less than 24 months, or if purpose of request is to introduce a new line, product, change in business strategy, etc.

Connect with our expert now for free property evaluation, listing announcements and stop email feature!