Click here to print the Borrower Checklist
Loan Application Form: Actual RDC Loan Application Form.
Cost documents: Including, but not limited to: real estate purchase agreement, construction cost estimates, vendor quotes for equipment.
Business tax returns: For the past three years
Current Balance Sheet and Profit & Loss Statement: Dated within 90 days, for operating company.
If a New Business, you will need:
A business is considered "new" if it has been in operation for less than 2 full years. If the borrower has extensive experience in the industry and would be working with the same clientele, an exception can be made to the new business rule.
Business Plan Financial Projections (Download Form)
For the first two years of operation. If business plan is not complete, please contact the ISBDC for assistance.
If a Franchise, you will need:
Copy of franchise agreement