Loan Program

1. Must be a for-profit or not-for-profit business 2. The business must meet Small Business Administration (SBA) determined small business size standards at the time of the application 3. The business must meet business type requirements. Any type of legal, small business is eligible to borrow a micro-loan. We lend to sole proprietor, partnerships, and corporations.

1. Loan requests whose entities whose operations detract from the good of the community or conflict with CSC lending mission would not be pursued or approved 2. The following business types: • Residential landlord / developer • Hotel/motel • Liquor store • Financial / lending institution • Private club, fraternity/sorority organization • Loans for political purposes • Adult oriented business or sexually prurient business • Loans for the sole purpose of property acquisition & rehabilitation with the intention of resale, also know as flipping • Loans for illegal purposes: all loan purposes must be in compliance with Federal, State, and Local laws • Loans to businesses associated with armament • Loans for purely speculative purposes​

1. Working Capital 2. Inventory 3. Supplies 4. Furniture 5. Fixtures 6. Machinery 7. Equipment

• Business Plan • Business Registration: Permit/Licences • Doing Business As (DBA) (if applicable) • Partnership - Partnership Agreement • LLC - Articles of Organization, Operating Agreement, Any Other Partnership Agreements • Corporations - Articles of Incorporation, Corporate Bylaws • Employer Identification Number (EIN)

• Business Tax Returns (3 years) • Profit and Loss Statement (P&L) (2 years) • Balance Sheet (Year to date) • Cash Flow Statement • Financial Projections (2 years)

• Business Credit Score • Credit report • Personal Credit Score

• Type of Collateral • Accounts Receivable (A/R) • Inventory • Furniture, Fixtures, and Equipment • Vehicles under 5 years old • Residential Real Estate

• Loan Purpose • Loan Amount and Terms