Required Documentation for Business Loans

To Purchase or Refinance Properties

  • Rental property worksheet (PDF)  Required only if a Rental Property
  • Two years income tax and pay stub documentation
  • Mortgage application
  • Copy of purchase offer if applicable
  • Partnership, Corporation, LLC documents if applicable

To Purchase Equipment or Vehicles

  • Balance sheet
  • Recent profit and loss statement
  • Two years income tax documentation
  • Copy of purchase contract or other identification of items to be purchased including year, make, model, vehicle identification #, etc.

To Purchase a Business

  • Two years personal income tax documentation
  • Two years income tax documentation for the company being purchased
  • Personal balance sheet
  • Business plan to include projections
  • Copy of purchase agreement
  • Partnership, corporation, LLC documents if applicable

To Refinance a Business

  • Two years personal income tax documentation
  • Two years income tax documentation for the company being refinanced
  • Personal balance sheet and business balance sheets
  • Business plan
  • Partnership, corporation, LLC documents if applicable

Working Capital Needs

Same as to refinance a business.

Contact Us

Stop in at one of our convenient locations or call us directly at our Groton office at 607-898-5871 or Moravia at 315-497-2707 during regular business hours.

You can also use our Secure Contact Form.

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Groton, NY: 57o

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