FAQ Ownership

FAQ Ownership

We have three partners in the business and we are each 33.33% owners.
Do all three of us need to apply and sign the closing paperwork, or can it be just one of us?
Can we get approved just in the business name with none of the owners signing?

For this loan, at least 51% of the ownership has to apply. In your case, 2 of the 3 owners would need to apply.
This product is not approved just in the name of the Corporation.
The owners are on the application and then sign on the closing paperwork.

TopMenu