You can create any type of product documentation with Banca


UP TO $5M
FROM 7.50%

7 DAYS PROCESS
Loan Application Checklist
• Loan Application
• Personal Background and Financial Statements – for each business principal
○ Resume (template available upon request)
○ 3-years Personal Federal Tax Returns
○ Personal Financial Statement form
• Business Financial Statements – of the business being purchased
○ Year-to-date Profit and Loss (P&L) Statement
○ Current Balance Sheet
○ 3 years Business Federal Tax Returns
• One-year Projection Statement (analysis by month)
• Business Overview and History
• Sales Contract/Purchase Agreement
• Proof of cash injection (recent bank statement)
• Business Lease, if applicable
Loan features include:
• With real estate:
○ Terms up to 25 years available
○ Up to 90% financing of total project costs
• Without real estate:
○ Terms up to 10 years available (no pre- payment penalty)
○ Up to 85% financing
Loan Application Checklist
• Loan Application
• Personal Background and Financial Statements – for each business principal
○ Resume (template available upon request)
○ 3-years Personal Federal Tax Returns
○ Personal Financial Statement form
• Business Financial Statements
○ Year-to-date Profit and Loss (P&L) Statement
○ Current Balance Sheet
○ 3 years Business Federal Tax Returns
○ Business Debt Schedule
○ Copy of Loan Note
Loan features include:
• With real estate:
○ Terms up to 25 years available
○ Up to 100% financing
• Without real estate:
○ Terms up to 10 years available (no pre- payment penalty)
○ Up to 100% financing
SBA 7(a) Loans are available to assist businesses:
Establish a new business or assist in the acquisition, operation or expansion of an existing business
Purchase commercial real estate, including land and buildings
Construct a new building or renovate an existing building
Purchase equipment, machinery, furniture, fixtures, supplies or materials
With short- and long-term working capital needs
Refinance existing commercial mortgage and/or business debt to save you money
Equipment, machinery, vehicle, computer or inventory purchases
Leasehold improvements
Refinancing to include debt consolidation
Provide short term working capital
We were looking for a home of happiness and peace. Thanks to the Grihashakti team, who helped us to realise this dream of ours. Our home has been very lucky for us – as we shifted to our new home, prosperity followed!
We were looking for a home of happiness and peace. Thanks to the Grihashakti team, who helped us to realise this dream of ours. Our home has been very lucky for us – as we shifted to our new home, prosperity followed!
We were looking for a home of happiness and peace. Thanks to the Grihashakti team, who helped us to realise this dream of ours. Our home has been very lucky for us – as we shifted to our new home, prosperity followed!
We were looking for a home of happiness and peace. Thanks to the Grihashakti team, who helped us to realise this dream of ours. Our home has been very lucky for us – as we shifted to our new home, prosperity followed!