Apply Business Lines of Credit | West Alabama Bank

How To Apply - Business Lines Of Credit

If you’re ready to apply for a Business Line of Credit, use this guide to help you get prepared. Once you’ve collected the right information, give us a call or stop by a local branch.

 

Business Information

  • Business Name
  • Physical Address
  • Phone Number
  • Fax Number
  • Tax ID or SSN
  • Date business was established
  • Business Structure
  • Ownership type
  • Number of Owners
  • Annual revenue
  • Business banking account numbers and balances
  • Articles of Incorporation or Certificate of Formation documents
 

Business Owner Information

  • Name
  • Home address
  • Phone Numbers
  • SSN
  • Citizenship
  • Date of Birth
  • Percentage of ownership
  • Annual household income
  • Personal banking account number and balances
 

Collateral Owner Information (Secured Business Lines Only)

  • Collateral Owner Name
  • Account number for West Alabama Bank and Trust savings account or CD
 

Applicant Information

  • Primary contact (must be business owner)
  • Primary contact phone number
  • Primary contact email