Guide · Business
Before you apply: what to have ready
Coming in prepared saves time and avoids surprises. Here's what programs usually look at, and what you can start organizing now.
What they look at
How long the business has been open, about how much it brings in per year, your credit score, and what the money is for. Under Lexington's general guidelines, each program has its own requirements: for example, some ask for 2 years in business and others accept newer businesses, and some can use a co-signer's credit.
If you're using more than 25% of your credit card limits, it's worth paying them down first. It's one of the first things they look at.
The paperwork to have ready
Your last 4 months of business bank statements (for most programs), an invoice for the equipment if you're financing equipment, your business tax returns for SBA loans, and basic business details.
Every program needs a three-bureau credit report. Kevin will explain how to get one.
How to send your documents
Never by text message or as an email attachment. When it's time, Kevin sends you a private link to upload them.
The truth: a "no" today isn't a "no" forever. If you don't qualify yet, Kevin will tell you what could help next time.
See the requirements for each business program · All guides
These are Lexington Capital's general guidelines and can change. This guide is education, not an offer of credit.
Is this a fit for you?
Answer a few quick questions to see which programs may fit, or talk with Kevin directly.
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Financing is provided by Lexington Capital, not by Kevin or Retire With Kevin. Kevin is a referral partner of Lexington Capital, not a lender, and may receive a referral fee. Lexington Capital reviews every application and makes all credit decisions. Not every applicant is approved, and terms depend on the lender and your situation.