Required Documentation
REQUIRED DOCUMENTATION

 

Business Account Documentation

Required Documentation Business Accounts

  • Completed signed application
  • Copy of a non-expired driver’s license for all account holders and signors on account.
  • Federal Tax ID number

DBA – (Sole Proprietorship)

  • Certified Copy of DBA Papers – can be county certified or attorney certified
  • Business Account Authorization form – for any authorized signors on the account.

Partnership – (2 or more people doing business under a different name)

  • Certified copy of Partnership Agreement
  • Certified copy of Certificate of Doing Business as a partnership
  • Business Account Authorization form – for any additional authorized signors on the account.

LLC – Limited Liability Company – these are filed with the Secretary of
State and can be looked up on-line.  Please check appropriate box on applications to let us know if it’s an LLP (Limited Liability Partnership) or an LLPC (Limited Liability Professional Company).  If unsure it should be noted in the Articles of Organization.

  • Copy of the Articles of Organization
  • Copy of the filing receipt from Secretary of States Office
  • Copy of Operating Agreement
  • Affidavits of Publication – an LLC must advertise in at least two papers within the county that the company will be doing business.
  • Business Account Authorization form – for any additional authorized signors on the account.

Corporation

  • Copy of Filing Receipt
  • Business Account Authorization form – for any additional authorized signors on the account.

Required Documentation Business Loans

  • Completed loan application with purpose of the loan
  • Two year’s federal tax returns and all schedules for Corporate, LLP's, Partnerships, S Corporations and Sole Proprietor. Corporations are required to give permission to an individual to apply on the corporation's behalf and close the deals. This individual will also be required to personally guarantee the loan.
  • You may want to use collateral to secure your loan and get a lower rate, or you may be asked for collateral to be granted a loan.  Acceptable collateral includes: lien-free vehicles, lien free equipment, life insurance naming Community Resource as the beneficiary.

Required Documentation for Organization Accounts

  • Completed and signed application
  • Copy of a non-expired driver’s license for all account holders and signors on the account.
  • Federal Tax ID number

Call (518) 783-2211 or 1-888-783-2211 for more information.