What information is required to apply for an unsecured business loan?
To apply for a small unsecured business loan you will need the following:
- Bank statements for the last 6 months or 6-12 depending on deal size
- Merchant statements for the last 4 to 6 months
- Driver’s license for the owner of the business
- Proof of ownership
- Operating for a minimum of 6 months
- Minimum turnover of at least $10,000 a month"