Start a Woodland, CA Business Loan Application for Your Auto Shop or Distributor

None of these go into the form, which has no upload. They are what a funding partner can ask a distributor for once it reviews the request, so it helps to know where each one is kept:

• Recent months of the business checking account, as statement PDFs pulled from online banking
• Federal tax returns for the business, and for any owner the partner names
• This year's profit and loss to date, with a balance sheet as of the latest month-end
• An accounts receivable aging report: which customers owe what, and for how long
• A list of current debts, from loans and equipment agreements to leases and any advance being collected
• Owner ID and the business's EIN
• For equipment, the seller's quote for the forklift, diagnostic machine or kitchen line
• Formation papers and any business license

An auto shop's list looks much the same. Card and bank deposits take the place of the receivables report, and the quote is for a diagnostic scanner or a tire machine instead of a forklift.

Run down this list before the form goes in:

• The legal name of the business, written as it appears on its bank account, for the company name
• A phone number that is answered in the daytime and an email inbox that someone reads
• The date the business started operating, for the time-in-business range
• Last year's revenue, or a fair yearly figure from bank deposits, for the revenue range
• The amount sought and the arithmetic behind it, for the requested amount range
• A one-line answer to what the money is for, kept for the call

The ranges do not need to be exact. A partner can check the figures against statements later.

Each funding partner sets its own requirements, and this site neither knows them in advance nor sets them. What a request here needs is plainer:

• An operating business with sales coming in; startups without revenue are outside this site
• A use that fits one of the six products: working capital, a term loan, a line of credit, inventory financing, equipment financing or a merchant cash advance
• A business outside trucking and agriculture, since neither is arranged here
• The consent box on the form, checked

Headcount is not on the form at all. In Yolo County, CA, 2,286 of the 4,509 employer establishments counted in 2023, or 50.7%, had fewer than five employees (County Business Patterns), and a shop that size starts a request the same way a large one does.

1. Work out the use and the amount, with the invoice, quote or payroll figures behind it.
2. Send the form on this page, or call (530) 324-0236 if the right product is unclear.
3. Talk the need through on a call: what the money pays for, when it is needed, and the debts already in place.
4. The request goes to funding partners. A partner that takes it up asks for the documents it wants and runs its own review, which can include a credit check.
5. Read any offer in full, from amount and total cost to term, payment schedule and fees, then accept it, ask about it or decline.

The how it works page takes each stage further, and the FAQ answers questions on credit checks, EINs and equipment debt.