Notice: In observance of Juneteenth, all SBSI locations will be closed Wednesday, June 19th 2024. Normal business hours will resume Thursday, June 20th 2024.

Get Started with your loan

The info you need to complete and expedite your business loan application.

Required Documents:

  • Completed business application
  • Completed personal financial statement
  • 3 years of business tax returns and all schedules
    • Sole Proprietor – Form 1040, Schedule C
    • Sub Chapter S Corporation – Form 1120S
    • Corporation – Form 1120
    • Partnerships – Form 1065
    • Non-Profit– Form 990
  • 3 years of personal tax returns and all schedules
  • Year-to-date interim financial statements (current balance sheet and income statement), accounts receivable/payable aging report
  • Schedule of all business debt (debt currently owed by the business including current balance, monthly payment, interest rate and maturity)
  • Copy of articles of incorporation or LLC operating agreement

Required Documents for Purchase of Real Estate

  • Signed purchase and sale agreement
  • Real estate broker information sheet
  • Detailed budget for any planned renovations (if applicable)

Required Documents for Rental Property

  • Rental cash flow history (current rental income and expenses)
  • Copies of signed leases or listing of all tenants with associated unit numbers and monthly rent
  • 2 years of rental projections (income and expenses)

Required Documents for Purchase of Equipment

  • Bill of sale or invoice
  • Detailed description of equipment
  • Copy of title (if applicable)

Required Documents for New Business or Major Expansion of Existing Business

  • Business Plan (refer to Business Resources page for templates and assistance)
  • 2 years of projections broken out by month (balance sheet & income statement) with supporting assumptions

Required Documents for Purchase of an Existing Business

  • Purchase and sale agreement (including a detailed list of assets to be acquired)
  • 3 years of seller business tax returns (if available)
  • Business plan (refer to Business Resources page for templates and assistance)
  • 2 years of projections broken out by month (balance sheet and income statement) with supporting assumptions

Calculators

Loans

  • Payoff Calculator

    Find out how long until your loan is paid off with consistent regular payments.

  • Duration Calculator

    Want to pay off your loan sooner? See how additional monthly payments can affect your balance.

  • Payment Calculator

    Determine your loan payment based on the term and interest rate.

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Meet the SBSI Business Lending Team