FoundationCapital prides itself on the ease of facilitating a 504 loan and works hard to alleviate any undue stress during the application process. In order to expedite your loan application, included below is a list of some of the SBA required documents. Other requirements will be given to you in detail by a Loan Officer with Capital Solutions.

The items below are required of each proprietor, partner or stockholder with 20% or more ownership in the borrowing entity or operating company (small business).

A detailed history and description of the business and ownership of operating company and real estate

• A Personal History Statement – SBA Form 912
• A Personal Financial Statement – SBA Form 413
• Balance Sheet and Income Statement for the previous 2 years for the operating company
• If the company is a new business, provide a proforma balance sheet with a description of assumptions and projects
• Interim Balance Sheet and Income Statement dated within 90 days of application
• Projected, annualized income statement for the first two years after loan funding
• For a new business, a monthly cash flow analysis for the first 12 months of operation or three months beyond the break even point, with assumptions
• Copy of key cost documents such as: purchase and sale agreement, contractor cost estimates, vendor quotes for machinery and equipment