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Starting a Business in the Greater Hickory Metro Area of North Carolina

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III. Other Supporting Documents

For existing business additional financial history (past three years) will be needed:

  • Income (P&L) Statements
  • Balance Sheets - latest no more than 45 days old

The following list suggests some of the other documents that might be included in a loan request or investor proposal:

  1. Resumes of key personnel
  2. Credit information for existing businesses
  3. Quotes or estimates for equipment or construction
  4. Letters of intent / contracts from potential customers
  5. Lease or purchase agreements
  6. Maps showing location and market information
  7. Photographs of products, equipment or buildings
  8. Charts and graphs to support marketing data
  9. Articles / reports to support industry trends data
  10. Other legal agreements (patents, license to manufacture, employment contracts, etc.)
 
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©Greater Hickory Metro Business Development Network, 2006