The form takes contact details and a few business ranges. Papers come later, only if a funding partner asks for them, and which ones depend on the funding type.
Documents required for a business loan, sorted by funding type, for a Collierville, TN accounting firm
No document travels with the request form. If a funding partner takes the request up, it may ask for papers, and which ones depends on the funding type. For an accounting firm, the split might look like this:
- For working capital or a line of credit: a few months of business bank statements, last year’s business return and every loan the firm already carries
- Equipment financing: the vendor quote with model numbers, plus the same bank statements
- A term loan for software or an office move: the quote or contract, a year-to-date profit and loss statement and the latest returns
- A merchant cash advance: card processing statements for recent months, which the provider may read alongside bank statements
- Any funding type: a government-issued ID for each owner
A partner may ask for more than this, or for less.
A pre-call checklist for a Shelby County, TN dental office: the amount, the use, the timing and the papers behind them
Before calling or sending the form, a dental office can run down this list:
- The amount, matched to what the quote or invoice actually says
- The use, such as an intraoral scanner, a scheduling system, a payroll gap or a supply order
- The timing: when the scanner or the payroll has to be paid for
- Annual revenue and time in business, close enough to pick the right range
- The latest business tax return and recent bank statements, kept in one folder
- Current loans and leases, each with its monthly payment
The first four shape the call and the request. Items five and six are papers a reviewing partner may want later.
A dental office running this list in ZIP 38017 would be one of 24 there with paid staff in 2023, by the ZIP Code Business Patterns count (NAICS 6212).
Before hiring a line cook: what a Shelby County, TN sit-down restaurant can have ready when it applies for funding
A sit-down restaurant adding a line cook pays the new wage on every pay date from the first one.
Illustration only, invented figures: a cook at $17 an hour for 38 hours a week costs $646 a week before payroll taxes, or $1,292 for each biweekly pay date.
- The wage, the weekly hours and the first pay date
- Recent bank statements that show card deposits
- The latest business tax return
- Any equipment leases or loans already running, with their payments
Carrying the cook’s first weeks of pay is a job for a working capital loan or a line of credit. The working capital page sets a weekly payment beside a monthly one on the same amount.
Applying for a small business loan through Baydale, in order, for a Collierville, TN law office
For a law office funding a case-management system and a large-format scanner, the order runs like this:
- Call (901) 589-3283 to go over the cost, or go straight to the form on this page.
- Fill in the form; it asks for contact details and a few business ranges.
- Baydale passes the request to funding partners.
- A partner that takes it up may ask for statements, returns or the vendor contract, and may check credit.
- If the partner makes an offer, the offer sets out the amount, the cost, the term and the payment.
- The office compares any offer and decides whether to accept it.
The how it works page goes through each stage in more depth, and the FAQ page takes up fee lines, late payments and a second loan.
By Baydale Funding Group · Updated

