There is, of course, certain information required to be considered for approval of a line of credit. Typically this would include three years of tax returns for the business and the owners along with a personal financial statement for the owners.
Harborstone will need to review financial information of the business and any shareholder who owns at least 25% of the business. Turn around time and processing your request is usually handled very quickly and can be completed in most cases within a few days. Your Business Lender will work with you to determine what is necessary for your specific request or any other financing for you or your business.
Commercial Real Estate Loans
What Is A Commercial Real Estate Loan?
What Is Required?