To obtain a loan for your business, you must (required):
- Have a FICO credit score of at least 550.
- Have been in business for at least six months
- Have a company revenue of either $100K gross annually or $8000 gross monthly revenue (GMR).
Be able to provide at least the last three months of consecutive bank statements and your 2021 tax return.
Note: You might be required to provide something more depending on when the loan is requested and the type of loan.