Loan Resources
Prepare before applying for financing
Organized financial information can make it easier to understand financing requirements and respond to lender requests. These general resources can help individuals and business owners prepare for conversations with a lender.
Important: VSS Financial Group is not a lender and does not make credit or loan-approval decisions. Financing terms, eligibility and approval are determined solely by the lender. Information on this page is provided for general educational purposes and is not a guarantee of financing.
Before you apply
- Review personal or business credit information.
- Identify the purpose and estimated amount of financing needed.
- Review income, expenses and existing obligations.
- Gather current identification and financial records.
- Compare lender requirements, costs and repayment terms.
- Ask questions before authorizing an application or credit inquiry.
Records a lender may request
Requirements vary by lender, loan product and applicant. The list below shows general examples only.
Individual applicants
- Government-issued identification
- Proof of income
- Bank statements
- Tax returns
- Information about existing debt obligations
Business applicants
- Business formation and registration records
- Business bank statements
- Business tax returns
- Profit-and-loss statements
- Balance sheets
- Information about existing business debt
How VSS may help
When those services are appropriate for your situation, VSS Financial Group may assist with organizing bookkeeping records, preparing financial statements from client-provided records, financial coaching, business-plan support and tax-document preparation. This work is performed as part of the services VSS offers, independent of any lender.
Service availability varies by state and service type.
Get organized before your next lender conversation.
Review business services, schedule an appointment or contact VSS Financial Group with questions.