You are
in the market for a small member business loan (MBL). If
you meet Coastal’s Eligibility
Requirements, a small business loan may be just
moments away.
Collectively,
if your current business loan request and/or your outstanding
Coastal business loan balances total less than $50,000,
you meet Coastal’s criteria for a Small Business
Loan.
Coastal’s Small
Business Short Application (pdf) is a one-page application that will help
Coastal expedite smaller loan requests, which better serves you and your business.
You can download the application at your place of business or at your home.
There are a few types of business requests that are not processed via this
Small Business Short Application. They are: Business
Visas, any Start-Up/Venture Capital Loan
Requests, and any Real Estate Secured Loans.
In order
for Coastal to analyze this type of business request, your
business must meet the following requirements:
- Twelve
consecutive months of business operating financial statements
sustained by a Federal tax return (complete with all
schedules and attachments)
- Two
years personal Federal tax returns (complete with all
schedules and attachments)
- All
appropriate business
legal structure documents
- A
Copy of your taxpayer identification number.
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