El Paso County Business Loan Fund Application Checklist

Please provide the information below:

 

  • Commercial Loan Application (pdf)
  • Key Cost Documents:
    -Purchase Agreement with Addendum’s
    -Current or Proposed Lease
    -Landlord Outlining Proposed Terms
    -Contractor’s written estimates or bids if applicable
    -Equipment bids with Invoices or Purchase Orders
  • Personal Financial Statement (pdf)
  • Credit Report(s)
  • Personal Budget Analysis (Excel document)
  • Management Resume(s) (pdf)
  • Interim Financial Statement, to include balance sheet and income statement dated within 60 days of application. (MUST be signed and dated.)
  • Business Debt Schedule (Excel document)
  • Complete Business Plan, including one year of projections with assumptions. Mandatory for new business
  • Business Acquisition Loan (If applicable):
    -Seller’s Business Tax Returns for prior three years or Seller
    -Certified Financial Statements
    -Seller’s Interim Financial Statement to include balance sheet and income statement dated within 60 days of application
    -Copy of signed business purchase agreement including asset cost breakdown, all amendments, extensions, and total purchase price
  • Affiliated Companies (If applicable):
    -Description of Affiliates
    -Percentage of Ownership in Affiliates
    -Affiliate Business Tax Returns for prior three years
    Affiliate Business Debt Schedule (Excel document)
    -Interim Financial Statement to include balance sheet and income statement dated within 60 days of application
  • Articles of Incorporation, or other documents of legal identity
  • Miscellaneous
  • Tax Returns: Business & Personal
    Including all schedules for prior 3 years