If you’re applying for an SBA loan through a streamlined process (like the SBA Small Loan Advantage or a fintech-led platform), you’ll typically need:
- Driver’s License of all 20%+ owners.
- Last 2 years’ business tax return.
- Last 1 year’s personal tax return.
Common Pitfalls to Avoid:
- Scanning in pages. Work on getting a solid digital copy of your returns. Sometimes all you need to do is ask your tax preparer and they will have a copy they can send you.
- Not sending data securely. You can always ask us for a secure upload link or email them in on our secure server share.
This isn’t a full underwriting package, but lenders still want to see legitimacy, revenue, and the ability to repay. Clean, organized files make you look stronger.
