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Package Completion
Application (1 point)
Signed Business Funding Application
1-page application fully completed and signed by the majority owner. Electronic signature accepted. Unsigned applications cannot be submitted to funders.
1 pt
Business Bank Statements: 1 point per month, 6 required
Bank Statements: 0 of 6 months selected
Click each month you have ready. All pages of each monthly statement must be included; do not submit partial months. Statements must be from the business bank account, not personal.
0 pts
Government-Issued Photo ID (collected after approval, at signing; not required to submit)
Gov ID: Front
Front of driver's license, state ID, or passport for the majority owner, requested after approval at signing. Must be clear and legible; unreadable images cause delays at that stage.
Post-approval
Gov ID: Back
Back of the same ID document, requested after approval at signing. Both sides are required, not just the front. Passport submissions: back page with signature and machine-readable zone.
Post-approval
Voided Business Check (collected after approval, at signing; not required to submit)
Voided Business Check
A check from the business bank account (same account as statements) with VOID written across it, requested after approval at signing. Used to set up ACH debits for the daily holdback. Cannot be a personal account check.
Post-approval
Why Every Document in This Package Matters
The signed application and 6 bank statement months are the two things a funder needs to begin underwriting review; a complete 7-point package can move to review right away, while a package missing even one item gets held until it's resolved. Government ID and a voided check are collected later, after approval, at signing, and are never part of what blocks your initial submission.
- Signed Application: 1 point
- The application authorizes the credit pull, captures business legal name and EIN for underwriting, and confirms the owner's identity and ownership percentage. An unsigned application cannot be submitted to any funder, period. Electronic signature via DocuSign counts as signed.
- 6 Business Bank Statement Months: 1 point each (6 total)
- Bank statements are the underwriting document. Funders calculate average monthly deposits, NSF frequency, existing daily debits, deposit consistency, and seasonal trends. They need 6 consecutive months, not the 6 highest months, not statements from multiple accounts averaged together, and not statements where pages are missing. Each month you have ready earns 1 point. Unsure which months count, or missing one? See the Bank Statement Readiness Guide.
- Government ID Front (post-approval, at signing)
- Identity verification required by funders for compliance purposes. The front of your driver's license, state ID, or passport is required for the majority owner. If there are co-owners, some funders request ID for any owner with 25%+ ownership. The image must be clear enough to read the name, ID number, and expiration date.
- Government ID Back (post-approval, at signing)
- The back of the same ID document, requested after approval at signing. This is the single most commonly missed item at that stage; applicants submit only the front. The back contains the barcode, magnetic stripe confirmation, and additional security features funders use for identity verification. Without it, a funder will hold your file at signing, though it never blocks your initial submission.
- Voided Business Check (post-approval, at signing)
- Requested after approval at signing, the voided check provides the account and routing number for the ACH authorization: the daily holdback debit that repays the advance. It must be from the same business account as the bank statements. Writing VOID across a blank check or printing a voided check directly from online banking both work. Do not submit a personal check or a counter check without routing information.
What happens after your package is complete? Once your signed application and all 6 bank statement months are checked, your application is submission-ready. Government ID and a voided check are requested separately after approval, at signing, and do not need to be ready now. If you've already applied through T.A.G. Business Funding, upload any remaining documents through your secure upload link or call 330-238-3003. If you haven't applied yet, apply now and upload documents directly in the application flow.