Sending the form is not a loan application and not a credit application. It starts a conversation; the paperwork comes later, from the partner that takes the request up.
Documents Des Moines County, IA sit-down restaurants need for a business loan
None of these go through the form. A sit-down restaurant can still gather them now, because a funding partner that takes the request up may ask for them. The list is a starting point; a partner's own list can differ:
- Bank statements for the business account, the latest few months in a row
- The business tax return for the last filed year, and each owner's personal return
- A profit and loss statement and balance sheet run through last month
- Every current loan, lease and advance, with its monthly payment and payoff
- The dining room lease, including its end date and any renewal option
- Quotes or a purchase agreement for whatever the money will buy
- Food service and business licenses, for a partner that asks to see them
The how it works page explains what a partner does with each of these during its review.
Business loan application checklist for Burlington, IA insurance agencies
An agency's checklist leans on its book. Before a partner asks, an agency owner can pull together:
- Commission statements from each carrier for the last year or two
- A retention or renewal report from the agency management system
- Copies of current carrier appointments or agency agreements
- The business and personal tax returns a partner may want
- For a book purchase: the seller's book summary, the price and the draft purchase terms
- A list of current business debts, with balances and monthly payments
A one-person agency can use the same list; commission statements carry the request whether or not there is staff.
What a Burlington, IA insurance agency needs to apply for a business loan
To send the request, an agency needs only what the form asks for: a full name, a phone number and email, the company name, how long the agency has been in business, an annual revenue range and the amount it is looking for, plus a consent choice. There is no file upload, and nothing about account numbers or a Social Security number.
A gas station uses the same form. County Business Patterns counted 25 gasoline stations with paid employees in Des Moines County, IA in 2023 (NAICS 4471), 6 of them with fewer than five employees; on the call, a station owner might name new card readers, a cooler or stock for the store as the purpose.
Steps Des Moines County, IA sit-down restaurants take to apply for a small business loan
- Discuss the purpose and rough amount on the call: a walk-in, movable outdoor furniture or payroll while a catering client pays; fixed patio work is excluded.
- Call (319) 422-3298 or send the form below with the contact details, time in business, revenue range and amount.
- Talk through the funding type the purpose points to, if the desk calls back or the owner calls first.
- Hand the records to the funding partner that takes the request up, when that partner asks for them.
- Read any offer in full, rate, term, charges and payment schedule, and decide whether to sign.
Short answers on EINs, credit checks and buying a business are on the FAQ page.
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