Rural Business Application

Rural Business Application. For Rural Business Loan Guarantees, the business must provide the following: A. Credit reports and personal income tax records on all investors with twenty percent (20%) or more investment in the company; B. A description of the collateral with the appraised value, acquisition price and the expected life of the collateral; C. The last three years of the company's annual audit, financial statements and tax returns; D. For start-up companies, a business plan, three years of monthly proformas financial statements will be required, and E. Corporate and personal guarantees.