Union State Bank is committed to providing
quality service to our Commercial Customers. We offer creative
financing solutions to our Business Partners through Commercial
Real Estate loans, Commercial Equipment Loans, Long and
Short-Term Financing and Small Business Loans.
To expedite your loan application, please
bring the following documentation to your loan officer on your
Your personal financial statement.
Personal financial statements from any owner
of the business with ownership exceeding 20% of the business.
Gross sales information, specifically:
If it is an existing business, 3 years of
income/expense history and tax returns.
If it is a new business, 1 year of
Owner compensation amounts – existing or
proposed owner salary structure.
Pro-forma balance sheet.
Total capital insertion by the owners and
source of those funds.
Copy of sales agreement on existing
Copy of any existing or proposed leases.
Collateral to be used to secure the loan.
Itemization of the specific purpose for the
loan funds, including a copy of the proposed budget.