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After
an initial interview,
you and I will decide
if the transaction
is viable (from a lending
institution’s
perspective). Assuming
we choose to proceed,
the following items
will be needed in order
to pre-qualify your
car wash loan. We have
tried to make this
list as streamlined
as possible. Please
understand that we
will only review complete
submissions.
- List of project
costs. If the project
is a purchase, please
include the sales
contract.
- Complete
personal tax returns
for three years with
W-2’s
- Complete
tax returns for three
years on the car
wash that you own
or are purchasing
- Year-to-date
profit and loss statement
(current within 60
days)
- A copy of your
credit report with
score. The lender
will eventually pull
their own copy, but
by supplying your
own copy the number
of inquiries listed
on your report will
be minimized.
- Personal
Financial Statement
(joint with spouse).
This form can be
obtained by going
to http://sba.gov/sbaforms/sba413.pdf
- Photos
of car wash
- Resume
Typically, this is
too much information
to fax, so please
use regular mail
or FedEx.
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