The Coastspring request form asks for full name, phone, email, company name if there is one, and three range answers: time in business, annual revenue and the amount requested, plus consent. A phone call follows to talk about the cost and the timing. Documents come later, and only those a partner names.
What the Form Asks and What Happens Next
Full name, phone, email and company name (optional), then three picks from ranges: time in business, annual revenue and the amount requested. The last item on the form is the consent box. After you send it, Coastspring calls back to ask what the money pays for and when it comes back to the business. If one or two funding types fit and you agree, the request goes to a partner.
What Documents Do You Need for a Loan? What Partners Look At in Florence, AL
Sending the form takes no documents at all. When a partner reviews the request, it names the records it wants, and they are usually some of these: recent business bank statements, the latest business tax return, a profit and loss statement, owner ID, formation documents, and a quote or invoice for what the money buys.
Small Business Loan Required Documents: What Lauderdale County, AL Owners Compare
The list shifts with the funding type. Working capital and merchant cash advance requests lean on bank and card statements; equipment requests add the quote; a term loan for a purchase adds the seller's records and the purchase agreement. Asking which records a partner wants before gathering anything saves the trip through the filing cabinet.
Commercial Loan Required Documents: What Partners Review in Florence, AL
Larger or property-related requests may add a balance sheet, a debt schedule, business and personal financial statements, and a lease or property documents. Coastspring does not arrange real estate purchase loans, but a lease often matters to a build-out or a business purchase.
Working Capital Loan Documents List: What Partners Review in Florence, AL
- Statements from the operating account covering the last several months
- A list of what customers owe the business, with due dates, if receivables are part of the story
- Current loans, leases and advances with their payments
- Owner ID and the business's formation documents
Documents Required for a Business Loan: Putting the Folder in Order in Florence, AL
Partners read records more easily when they arrive complete and labeled. Save statements as full PDFs from the bank rather than screenshots, name each file by month, and put the tax return in one file with all its schedules. If the business has changed its name or structure, include the filing that shows the change, so the names on every document can be matched.
By Coastspring Funding Group ยท Updated