Information You Need To Apply
Information needed to complete your application
The information below applies to working capital solutions, including Small Business Loans, Business Lines of Credit, and Business Advances. Not all financing solutions require the same documentation. Other financings, such as invoice factoring, SBA loans, and others might require more details. The documents needed for each type of financing are requested during the online application. Any extra documentation might be requested separately.
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Required
Driver’s license
Used to confirm your identity.
Last 3 monthly business bank statements
Used to assess sales receipts and to calculate the maximum financing amount.
Voided check
To receive your funding and repay it.
Optional
Prior year tax return
Optional at the time of the application, but might be required later by our financing advisors, including in cases of larger financings.
Last 3 monthly merchant processing statements
Needed for businesses accepting credit card payments. Used to evaluate the maximum funding amount.
How to Repay
Most financings may be repaid daily, weekly, or monthly via automatic withdrawals from your business checking account. Prepayment options are generally available and allow you to optionally repay early and save further.
Get the capital your business needs to grow
Applying for funding with BorrowPartner does not affect your personal credit score