What documents do you need for business funding?

You need no documents to start a business funding application with Royal Funding Group. The application takes two minutes and asks five questions. After that, your specialist asks for your recent business bank statements through a secure link, and for most requests those statements are the main document we review.

Step one: the two-minute application

The online application asks for five things:

1. The amount you need
2. Your average monthly revenue
3. Your time in business
4. Your mobile phone number
5. Your email address

That is it. No uploads, no tax returns, no business plan. You can finish it on your phone between jobs. Once you submit, a specialist calls you the same day to talk through what you need and which options fit.

Step two: recent business bank statements

After the call, your specialist sends you a secure link to upload your recent business bank statements. These statements do most of the work in a funding review because they show how money really moves through your business:

• How much comes in each month
• How steady those deposits are
• The balance you usually carry
• Whether you run into overdrafts
• What you already pay on other financing

That picture is why we look at the whole business, not only the owner’s credit score. It is also why our process is fast. Statements answer most of the questions a longer application would ask, so approvals come in hours and funding goes out the same day.

How to get your statements quickly

Most banks let you download monthly statements as PDFs from online banking. Look for a “Statements” or “Documents” section in your account. Download the official statements rather than screenshots or spreadsheets, since official statements are what underwriters review. If you bank with more than one account for the business, ask your specialist whether to include all of them.

Why we keep the document list short

Traditional bank loans often ask for tax returns, profit and loss statements, balance sheets, a business plan and collateral details. Gathering all of that takes time, and banks often take weeks to review it. For some large, long-term loans, that process makes sense.

For most owners who need working capital for payroll, inventory, a repair or a seasonal gap, it is more than the decision requires. Your bank statements already show what your business earns and how it handles its money. Starting there lets us move at the speed your business needs.

When your specialist might ask for more

Some requests come with a few follow-up items. This is normal and your specialist tells you exactly what is needed and why. It can happen when:

• You are asking for a larger amount, such as a term loan or expansion financing for a new location or acquisition.
• You want equipment financing, where details about the equipment you are buying help shape the structure.
• You want invoice financing because your customers pay on net 30, 60 or 90-day terms. In that case, information about your outstanding invoices helps your specialist set up the right structure.
• Something on your statements needs a quick explanation, like a one-time large deposit or a gap in activity.

You will never be asked to gather a stack of paperwork up front just in case. You send what your request needs, when it needs it.

Your information stays protected

You are sharing sensitive financial information, so it matters where it goes. Statements are uploaded through a secure link. We run on proprietary in-house software, share your details only with the funding partners reviewing your deal and never sell your data. RFG has been doing this since 2012, with headquarters at 180 Maiden Lane in New York and an office in Miami.

Before you apply: a quick prep list

You do not need anything in hand to apply, but a little prep keeps things moving once your specialist calls:

• Know your average monthly revenue.
• Know your exact business start date.
• Know how you will download recent business bank statements from your bank.
• Have a clear idea of what the money is for.
• Use a mobile number you will answer that day.

If your business has 12 or more months of history and is based in the U.S., you are ready to apply in two minutes right now. For more on what strengthens an application, see our guide on how to get approved. For a timeline from application to funding, see how long funding takes.

Start without the paperwork

If gathering documents is what has kept you from applying, you can start today with nothing but five answers. A specialist calls you the same day, asks for recent bank statements through a secure link, and shows you options from our funding partners with approvals in hours and same-day funding. Apply in two minutes or call (929) 506-8133.