The purpose of this checklist is to provide general guidelines for the information most business lenders typically require and is not intended to be a comprehensive list of application documents required for a loan from BCC. Needs may vary depending on the size of the loan and the lender.

• Business registration with the Texas Secretary of State - Articles of Incorporation or Organization, Statement of Foreign Entity (if applicable) and a Certificate of Good Standing.

• Employer Identification Number issued from the IRS (EIN).

• Non-expired Driver’s License for any owner with a 20% or higher equity stake in the business.

• Business Plan for any business with less than two years of revenue.

• Personal Financial Statement for each owner with a 20% or higher equity stake in the business.

• Minimum two years of business tax returns for an existing business and any returns-to date for a new business OR
  Two years of financial projections for any business with less than two years of revenues — both Profit and Loss and Balance Sheet. OR
  If the business is not currently cash flowing, two years of financial projections — both Profit and Loss and Balance Sheet.

• Year-to-date Financial Statements dated within 90 days of application — both Profit and Loss and Balance Sheet (if applicable).

• Minimum of two years of personal tax returns for any owner with 20% or more equity stake in the company.

• A Business Operating Agreement if there is more than one owner with a 20% or more equity stake.

• Documentation to support use of funds.