Fixed-Term Loan Documentation
Fixed-Term Business Loan Documentation Required
In order to be pre-qualified, then approved for a fixed-term loan some documents have to be prepared.
1 - Pre-Qualification
This process can be done over the phone (877-221-3003) in about 5-10 minutes, or you can request a callback, or you can download the 1 page application and fax to 510-266-3733, or you can visit the APPLY NOW screen and we'll send you a filled-out 1 page application for you to sign and fax back to 510-266-3733. This process takes from 5 minutes to one day, depending on your choice.2 - Qualification
Once you are pre-qualified, we'll request cash flow-related documentation to size the loan. This review process typically takes 1 day.- Merchant Statements (credit card processing) (3 months)
- Bank Statements (3 months, or 6 if not accepting credit cards)
If you would like to expedite the process, you may submit the 1 page application and the two requested categories at the same time to fax 510-266-3733 or scan/email to app@cashfederal.com.
Once the statements have been reviewed satisfactorily, you will be sent a loan contract and a request for additional documentation to complete the process.
3 - Passed Review / Contract Phase
- Business Loan and Security Agreement
- Authorization Agreement for ACH Credit and Debit
- Void Check from Business Account
- Business Loan and Security Agreement Supplement
- Typical Additional Closing Documentation:
- Full Copy of Business Lease
- Last Year's Complete Federal Tax Return
- Transfer Account Documents
- Drivers License
- Social Security Card
- Landlord or mortgage information
Learn more about the next steps
- The next steps for obtaining a Fixed-Term Business Loan
Learn more about the next steps
- Documentation required for a Fixed-Term Business Loan
- The next steps for obtaining a Fixed-Term Business Loan
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