Small Business Loan and Services Application

INCOMPLETE APPLICATION

This application has not been submitted.

Application Taken Date:

Click here for definitions of common terms

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Instructions
Credit Request
HMDA
Business Info
Current Business Debt
Owner Info
Additional Info
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Welcome to Royal Credit Union!

How to Complete this Application

Please read these instructions before you begin the application.

Complete the information on each tab of the application. Instructions are at the top of each tab and required fields are indicated in red.
When you have completed all section, click "Submit Application" to check for completeness and send us your application.
On the page that follows, you will have the ability to securely upload copies of your complete federal tax returns based on the following:

Total Royal Credit Union business loans including your current request(s)	Additional information required
$50,000 or less	Tax returns are not required at the time your application is submitted.
$50,001 - $500,000	The most current complete federal tax return for each business and owner on your application. Please take a minute to locate these and have them in an electronic format. If you do not have them electronically, you will be given other options for sending us this information.
To get to know you and your business better, you may be required to provide additional information as your application is reviewed and processed.

Comments

Detailed Purpose for Borrowing:
Business History:
Management Structure:
Reasons for Recommendation:
Other Opportunities with this Customer:
Comments:

Credit Request

Tell us about the type of business loan or service you would like. You can add additional requests and collateral by clicking the links at the bottom left. Click the red X to the right of a request or collateral to remove it.

Request 001

Product Type:
Collateral Type Used For Loan:
Product Type:
Please click here to review the system requirements
I have reviewed the system requirements and my system quilifies:
Length of Repayment?:	hint text
How much would you like to borrow?:	hint text
Would you like to setup an automatic payment?:
RCU Deposit Account #:	If you do not have an RCU account we will work with you to open one.
Do you currently use remote deposit capture with another financial?:
Average number of checks deposited per day:
Would you like to use Business Deposit at more than one location?:
How would billing or payroll information be submitted?:
Frequency of Submission:
RCU Deposit Account #:
Number of employees or customers originating for:
Where are the employees' accounts located?:
Do you currently process originations elsewhere?:

How would you use the loan funds?:
Briefly describe the type of billing you will be doing:
Will any loan proceeds be used for repairing, rehabilitating, remodeling, or improving residential real estate?:
Will any loan proceeds be used for the purchase or refinancing of residential real estate?:

Billing/Payroll Cycles

Date:

Amount:

Collateral 01 for Request 001

Collateral Detail:
Real Estate Type:
Is Stock or Fund with Broker?:
Estimated Market Value:
Estimated Market Value Accounts Receivable:
Estimated Market Value Inventory:
Estimated Market Value of Equipment:
Estimated Market Value of Furniture & Fixtures:
Source of Estimated Value:
Is this a purchase?:
New or Used:
VIN:
Year:
Make:
Model:
Options:
Mileage:
Series:
Address:
City:
State:
Zip:
Owner occupied?:

Are the funds presently on deposit at RCU?:
Do you have another loan with an exisiting lien on this collateral?:
Lien Holder:
Existing Lien Amount:
Will existing lien be paid off?:
Please provide a brief description of this Collateral:
Account Type:
Account Name:
Account Number:
Maturity Date:	(mm/dd/yyyy)
Improved or Unimproved Land:
Property Tax ID:
Number of Units Total:
Number of Units Leased:
Lot Size:
Number of Structures:
Number of Stories:
Insurance Company Name:
Address:
City:
State:
Zip:
Contact Person:
Policy Number:
Policy Owner:
Beneficiary:
Broker Name:
Broker Address:
Broker Contact Person:
Account Number:
Account Owner:
Name of Stock:
Number of Shares:
CUSIP Number:
Issued By:

If this loan is approved, will this collateral be owned by someone other than the business or owners of the business?:
Name of Collateral Owners:

Add Additional Collateral to this Request

Add an Additional Request

Business Information

Tell us about your business. If you would like to have one of your other businesses guarantee your loan, click Add Another Business in the bottom left. Click the red X to the right of a business to remove it.

Business 001

Business Structure:

Owner Information

First Name:
Middle Initial:
Last Name:
Suffix:
Date of Birth:	(mm/dd/yyyy)
Social Security Number:

Title:
Percent Ownership in Business:
Existing RCU Member?:
Primary ID Type:
Identification No.:
State of Issuance:
Issue Date:	(mm/dd/yyyy)
Expire Date:	(mm/dd/yyyy)
Annual Gross Salary:	Reportable but not taxable income

Business Information

Doing Business As:

Employer Identification Number (EIN):

Business Physical Address:

No P.O. Boxes

Address Line 2:

City:

State:

Zip:

Is this the mailing address?:

Business Contact Name:

Business Phone:

Business Email:

Business Website:

ie: http://www.website.com

General Industry:

Nature of Business:

Date Business Est:

Approximate Date (mm/dd/yyyy)

Present Management Since:

Approximate Date (mm/dd/yyyy)

State of Organization:

Number of Employees:

Annual Sales Revenue:

(last full year)

Does the business have a Membership savings at RCU?:

Other Business Information

Bankruptcy ever filed by Business?:
Please Explain:
Any outstanding tax obligations?:
Please Explain:
Any unsettled lawsuits, judgements, or disputes?:
Please Explain:
Is business for sale or under agreement that would change the ownership?:
Please Explain:
Has the business incurred a loss in the last 3 years?:
Please Explain:

Financial Information

Will you be attaching a Personal Financial Statement?:

Cash/Stocks/Bonds:
Real Estate Owned:
All Other Assets:

Loans/Debts Payable:
Real Estate Mortgages:

Click here to Add an Additional Business

Existing Business Loans (including Royal Credit Union debt)

Tell us about the business loans you currently have. Please include any business loan at Royal Credit Union or another financial. Click the red X to the right of a loan to remove it.

If no business loans exist please continue by clicking next tab.

Business 001

Lender	Business Loan Type	Balance	Monthly Payment	Original / Committed Amount	Collateral	Collateral Description


Add an Additional Loan
Reset

Owners

Tell us about yourself and any other owners of your business. Click the link at the bottom left to include anyone with 20% or more ownership in your business. Click the red X to the right of an individual to remove them.

Owner 001

Principal Type:	Will sign on behalf of company and personally guarantee request(s)
Capacity of Signer:
First Name:
Middle Initial:
Last Name:
Suffix:
Date of Birth:	(mm/dd/yyyy)
Social Security Number:
Mailing Address:
Address Line 2:
City:
State:
Zip:
Percent Ownership in Business:	Click the link in the bottom left to add anyone with 20% or more ownership in your business.
Title or Role in Business:
Please select a business structure on the business info tab before selecting a title or role in business.
Please Input Title or Role:

Existing RCU Member?:
Primary ID Type:
Identification No.:
State of Issuance:
Issue Date:	(mm/dd/yyyy)
Expire Date:	(mm/dd/yyyy)
Work Phone:
Cellular Phone:
Personal Phone:
Email:
Assets
Cash And Securities	If none enter $0
Homestead And Real Estate Owned:	If none enter $0
Autos:	If none enter $0
Personal Property:	If none enter $0
Retirement:	If none enter $0
Other Assets:	If none enter $0
Liabilities
Notes Payable:	If none enter $0
Real Estate Debt:	If none enter $0
Credit Cards:	If none enter $0
Other Debts:	If none enter $0
Annual Gross Salary:	Individual's contribution to Line 7 on Form 1040
Source of Income:
Marital Status:	Required for individuals who reside in the following community property states: WI, CA, ID, LA, NV, NM, TX, WA
Name of Spouse:
Spouse's Social Security #:

Personal Financial Summary

Assets

Liabilities



Add Asset



Add Liability

Total Assets:

Total Liabilities:

Total Net Worth:

Total Assets Minus Total Liabilities

Income / Expenses




Add Income / Expense

Bankruptcy ever filed?:
Please Explain:
Any outstanding tax obligations?:
Please Explain:
Any unsettled lawsuits, judgements, or disputes?:
Please Explain:

Click here to Add an Additional Owner

Additional Info

Are you working with a loan officer?:
Preferred or Nearest RCU Branch:
Loan Officer you are working with:
Additional comments or explanations about your application:
How did you learn about Royal Credit Union's Business Loans and Services?:
Is any individual on the application employed by Royal Credit Union?:

E-Sign Disclosure

Before proceeding you must confirm that you have read and agree to the terms of the disclosure below. If you cannot view the disclosure, click on the Adobe Reader icon to download the latest version.
Click here to view the E-SIGN Act Disclosure
I confirm that I have read and agree to the terms of the E-SIGN Act Disclosure above

Credit Card Disclosure

Before proceeding you must confirm that you have read and agree to the terms of the disclosure below. If you cannot view the disclosure, click on the Adobe Reader icon to download the latest version.
Click here to view the Credit Card Disclosure
I confirm that I have read and agree to the terms of the Credit Card Disclosure above

Legal Copy and Signature

The undersigned represents that the information contained in and accompanying this application is true and correct to his or her knowledge and was given to induce the lender to grant the request(s) for which this application was made and further states that no information that may relate to the credit worthiness of the undersigned has been omitted. The undersigned authorizes the lender or its agent to verify the information submitted herein with credit bureaus, employers, and any references listed in the application. The lender may at his option, cancel any commitment or loan granted if: this application contains any false or misleading information; in its opinion, the credit investigation discloses any unsatisfactory credit record; a title examination discloses unsatisfactory conditions that are not correctable within a reasonable time; the undersigned has borrowed any portion of the investment or equity in a property not indicated in this application; or any phase of new construction on a property is started before the lender’s security instrument has been recorded. This application shall remain the property of this institution.

Consent I consent to the terms and conditions as described above, and to receive disclosures and notices electronically.
I Agree
Name:
Email Address:

Please upload your tax return if the loan request is greater than $50,000.

** INCOMPLETE APPLICATION **

Assets

Liabilities

INCOMPLETE APPLICATION