Each Field on Riverwick's Request Form
- Full Name.
- Phone.
- Email.
- Company Name (optional).
- Time in Business: choose the band that fits.
- Annual Revenue: choose a range.
- Requested Amount: choose a range.
- Consent: the form ends with a required consent box; read its wording before you check it.
Business Loan Application Letter Sample: What Taunton, MA Owners Should Know
No letter is needed to send the form. Some lenders, banks in particular, ask for a short cover letter with a larger request. If one is asked for, keep it to a page:
- Who you are: the business name, what it does, where it trades and how long it has operated.
- What you are asking for: the amount, the purpose and the term you have in mind.
- How the money comes back: the contract, the added sales or the savings that will cover the payments.
- What backs it: the equipment, receivables or other security on offer.
- What is enclosed: statements, returns, quotes.
Write it in plain sentences with real figures, and sign it as the owner.
Business Loan Documents List Around Taunton, MA
- Business bank statements covering the last several months of deposits.
- The latest business tax return and a year-to-date profit and loss statement.
- The quote, invoice or contract behind the request.
- A list of current loans, leases and advances with payment amounts.
- Formation papers and the business's tax ID.
None of these are needed to send the form; a partner names what it wants when it reviews the request.
Business Loan Documents Required for Owners Around Taunton, MA
Some requests add their own records. A business purchase adds the seller's returns and the purchase agreement. A renovation adds the contractor's estimate, the lease and the permit status, which the Taunton zoning and permits guide explains. A contractor adds the contract and requisitions; a home improvement contractor may be asked for its Massachusetts registration.
Business Loan Documents in Another Language: Translating Records for a Bristol County, MA Request
Owners who keep some records in Portuguese, Spanish, Marathi or another language should expect partners to ask for English versions of key documents, or a translation with the original. Bank statements from U.S. accounts and U.S. tax returns are already in English; foreign documents, such as records of a business abroad, are the ones to plan for. Ask the partner what it accepts before paying for translation. How a request moves and the FAQ cover the rest of the process.
By Riverwick Business Loans ยท Updated