Get Business Vehicle Loan Application

Filling out the Business Vehicle Loan Application online is a straightforward process that allows you to request funding for a business vehicle. This guide provides a clear, step-by-step approach to help you complete the application effectively.

Follow the steps to fill out the application with ease.

1. Use the ‘Get Form’ button to access the Business Vehicle Loan Application form and open it for editing.
2. Begin by entering the name of your business in the designated field, followed by the date of application.
3. Select the business structure from the provided options, such as ‘S’ Corp, ‘LLC’, Partnership, or Sole Proprietorship.
4. Fill in the street address, city, state, and zip code for your business location, as well as your mailing address if it differs.
5. Provide your Business TIN (Tax Identification Number), business phone number, and email address to facilitate communication.
6. Indicate the date your business was established and the ownership duration.
7. For corporations or partnerships, list all owners. Attach a supplementary list if there are more than four owners, including their names, Social Security numbers, shares owned, percentage of total, and titles.
8. State the loan amount you are requesting, the purpose (e.g., purchase or refinance), and if it's a purchase, include the cost of the vehicle.
9. Describe the vehicle you intend to purchase, including relevant details.
10. Indicate the terms you are requesting for the loan, which can be up to five years.
11. Identify the source of repayment for the loan.
12. Answer the general information questions regarding judgments, bankruptcy filings, relationships with employees of the credit union, and any outstanding legal actions.
13. If any questions were answered with 'Yes', provide a detailed explanation as needed.
14. Complete the additional information fields, including monthly rent/mortgage payment, ownership status, products or services provided, annual gross sales, total assets, total liabilities, and net worth.
15. Attach any required documents, such as the Articles of Incorporation and Bylaws or Operating Agreement, as applicable.
16. Affirm the accuracy of the information provided by signing and dating the form. Ensure all owners listed sign as well.
17. Finally, save your changes, then download, print, or share the completed form as needed.

Start your application for a business vehicle loan online today!