APPLY FOR A LOAN
FSC First is a flexible, risk-tolerant alternative funding source that provides innovative and creative financing solutions and loan administration services that benefit small and emerging businesses.
Our online application process starts by completing the loan application along with documents that are essential for your loan. Refer to the underwriting checklist to use as a guide along with the items in the following checklist:
Please note that FSC First will not be able to process incomplete loan applications.
1. GATHER YOUR DOCUMENTS
We want this to go as smoothly as possible. Make your job easier and have all of your documents ready and scanned for review!
2. SEND IN YOUR APPLICATION
Ready to go? Complete our application here, and if you have any further questions, please contact Steward Smith at jsmith@fscfirst.com.
*Please note that the applications for the Green Energy Loan Fund and the CPACE program are different than the application listed above. Please click on the hyperlinked loan programs to access their respective applications.
3. WAIT FOR A RESPONSE
Sit tight! You will hear from us within 5 business days of receiving in your application.
PRE-QUALIFICATION DOCUMENT CHECKLIST
The initial documentation listed below is required for all loans requested from FSC First. Complete and accurate information is necessary to evaluate your request and for us to provide a term sheet to you prior to the formal underwriting process.
- Completed Loan Application
- Personal Financial Statement(s)
Signed and dated, for each individual and/or partner with 20% or more ownership stake in the business** - U. S. Individual Tax Returns
With all attachments for past three (3) years for each individual and/or partner with 20% or more ownership stake in the business (signed). Include the most recent W-2. - U. S. Corporate or Partnership Tax Returns
As applicable, with all attachments for past three (3) years (signed) - Existing Business Only: Interim Financial Statements
Profit & Loss statement, Monthly Cash flow Statement and Balance Sheet for the business for the current year - Existing Business Only: Historical Financial Statements
Profit & Loss statements, Monthly Cash flow Statements and Balance Sheets for the past three (3) years - Projected Profit & Loss Statements
Projected Balance Sheets and Projected Monthly Cash flow Statements covering a period of two (2) years following submission of the loan application supported with assumptions - Business Plan
Including use of funds and plans for repayment for a start-up business or executive summary for an existing business
Upon our receipt of these initial documents, please expect a response back from FSC First in five business days. Thank you for considering FSC First as a business financing solution for your needs!
APPLICATION DOCUMENTS
All documents must be completed in full to constitute a complete application package.
Please send everything by mail to our address, by fax to 301.883.6160, or email directly to our Business Development Manager and our Chief Lending Officer at jsmith@fscfirst.com.
Access to Capital Pre-Qualification Checklist
The checklist must be completed prior to submitting your loan application.
FSC First Loan Application
The loan application must be completed in full. Carefully review the Checklist to confirm all documents are included in the Loan Request.
Personal Financial Statement
A separate form must be completed for all owners with 20% or more ownership interest and each guarantor.
It is recommended that you use the latest version of the free Adobe Reader to complete fillable PDF forms in order to save your progress.
