Documents Required

The first step in applying for a credit facility is to gather all of the documentation required.

Documents required are:
  1. If the business is a corporation:
    • Certificate of Incorporation
    • Certificate of Compliance
    • Articles of Incorporation
    • Certificate of Incumbency
    • Shareholders Register
  2. Business license from the appropriate municipality
  3. Workers Safety and Compensation Commission (WSCC) certificate
  4. Business plan, which should include:
    • Resumes of owners and key management personnel
    • Pro-forma financial statements and/or budget
  5. Contact information for key people, other than key management personnel, which could include:
    • Bookkeeper/accountant/accounting firm
    • Insurance broker
    • Legal counsel
  6. Personal Net Worth Statement(s)
  7. Financial Statements
  8. Canada Revenue Agency forms:
  9. Business Client Consent Form
  10. Environmental Checklist