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Finance a Business - Finance a Business

Loans are available for the following purposes:

• Working capital
  
• Equipment
  
• Inventory
  
• Supplies
  
• Purchasing a business
  
• Renovations
  

Are you eligible to apply for a loan?

• Can you generate sufficient revenue to repay the loan through the cash flow of your business?
  
• Have you invested at least 10-30% equity in your business?
  
• Do you have prior experience in your industry?
  
• Have you filed and paid your taxes?
  
• Are you prepared to sign a personal guarantee for your business loan?
  
• Are you current in your payments on any other outstanding debts?
  
• Are you a US citizen or a resident alien?
  
• If you answered "yes" to all of these questions, call us! Urban Solutions can support you throughout the loan application process.

Sources of Funds

Loan Package Checklist

A loan package should include the following:

• Business Plan with three-year projected financial statements, including uses of funds requested, cash flow, income statement and balance sheet. (We can help you with this.)
  
• Personal Financial Statement (listing all assets, sources of income, and debts)
  
• Resume of borrower(s) and senior management
  
• Copies of Business Licenses and Permits
  
• Copies of Personal Tax Returns for past three years
  
• For existing businesses, copies of three years of Business Tax Returns and Financial Statements
  
• Credit Report or signed Credit Authorization
  
• Description of Public Benefits associated with the business (such as jobs created or retained, and contribution to neighborhood revitalization)
  

Download and print the Loan Application Checklist in PDF form.