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Loan Bank Requirements, Welcome

Tell us more. Who are you?? Where are you? What kind of business??
How long have you been in business?? and Purpose of loan??
Do you have an Accountant. The bank will want to also see a Business Plan.

SCORE can help. SCORE is FREE.

Good luck, LUCKIEST

flor33141,

Hope the day is well. Just about any type of financing these days a traditional bank will want to know your credit history. Along with that a business plan, personal financial statement, last 2 years personal and business tax returns, and may want to know about the types of collateral you would have to put up for the loan. These are general starting grounds to see if its even possible to move forward. This doesnt mean you cannot seek financing other places.

Whats type of loan are you seeking? How much? What will the loan be used for?

I view my bank and banker as a financial partner. There are operational and contractual details of my business that are confidential, but I don't think they would ask for any of that. I can't think of anything that a U.S. bank has asked for that I wasn't willing to disclose.

I think that's what Fortis was trying to convey,imo.