What constitutes a complete underwriting package?
The following information generally completes our underwriting package. Additional items may be requested to complete due diligence: * Completed and signed application (signed by all owners of the business). * Sample invoice with backup documentation (purchase order, proof of delivery, contract, time sheets, bill of lading, etc.). * Master Customer List. * Current Accounts Receivable aging detail (by invoice date). * Most recent year-end financial statements (income statement and balance sheet) and tax return for business and all owners. * Interim financial statement (income statement and balance sheet). * Copy of Articles of Incorporation/Organization (or registered business name filing). * Copy of Driver license of all business owners/guarantors. * DIP financing will require projections. Q: Can I still utilize your services even if my personal/business credit is impaired? A: Yes! We focus our primary underwriting on the credit quality of your client (end debtor). This does not mean y
