Documentation required by financial institutions before the loan/grant is processed:

  • Business plan
  • Organogram of management and staff
  • Latest financial statements or, in the case of a sole proprietor, a written confirmation of earnings from an accountant
  • Management accounts (required upfront should financial statements be older than six months)
  • Projected balance sheets and income statements
  • Cash flow projections with assumptions
  • CC/Company/Trust agreement details (including Founding Statement, Memorandum and Articles of Association, Certificate of Incorporation, Certificate to Commence Business and Trust Deed (whichever applies)
  • Personal bank statements (last three or six months depending on financier)
  • Business bank statements (last three or six months depending on financier)
  • Personal financial statements for members/directors/trustees
  • Lease agreement if applicable
  • Copies of contracts secured if any
  • Share certificates
  • Debtors and creditors age analysis
  • CVs of business principals
  • Copies of ID documents and marriage certificates
  • Proof of physical address
  • Full property description of fixed property together with a six-month bond statement
  • Disclosure of any claims, attachments, etc. by other financial institutions
  • Compliant tax status