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High Gear Loan Application

"*" indicates required fields

Step 1 of 8 - Eligibility

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Eligibility Requirements

We serve the 26 western-most counties of North Carolina. If you are not located in this region, we're unfortunately unable to assist you at this time.
Please review and affirm that you meet the additional Fast Track requirements:*
1. Applicant is a for-profit business
2. Applicant has been in business for at least 12 months

The Loan Request

Must be at least $2,000 and not more than $20,000.
For example, if you're looking specifically to purchase a piece of equipment, tell us what the equipment is and how it helps your business. If you're making improvements to your business location, explain what those updates are.
Please estimate the specific use of funds within the categories fields below. Any general uses can be included in Working Capital.

Personal Information

Your Name*
Personal Address*
Your home address. (You'll input your business address on the next page)

Business Info

If applicable, provide your DBA "doing business as" name
Business physical address*
Business mailing address*
Please enter a number from 0 to 100.
If you do not have an EIN, and file business taxes under your SSN, input that SSN here.
If you have a registered DUNS number, please enter it here.

Additional Owners

List any additional individuals below (not including yourself) that own 20% or more of the business, if there are any. Leave any unneeded rows blank. Each additional owner will receive an email to allow them to input their own information and upload personal documentation to complete the loan application. The application WILL NOT be considered fully submitted until all 20%+ owners have completed their profiles.
(Additional Owner #1)
(Additional Owner #2)
(Additional Owner #3)
(Additional Owner #4)
The total ownership percentages don't currently add up to 100%. Please give us some brief background on the ownership structure of the rest of your company.
This field is hidden when viewing the form

Financials

(Include any owner positions. Full-time = 30 hours per work or more)
(Include any owner positions. Part-time = less than 30 hours per week)
(Include any owner positions. Part-time = less than 30 hours per week)
This field is hidden when viewing the form
(Include any owner positions. Full-time = 30 hours per work or more)
This field is hidden when viewing the form
(Include any owner positions. Part-time = less than 30 hours per week)
This field is hidden when viewing the form
This field is hidden when viewing the form

Operations

What is your current operational status?*
Do you rent or own your facilities?*
Does your business operate online only?*
Is this a home-based business?*
Does your business have any past due federal or state tax payments?*
Any IRS payment plans in place for the company?*
Any tax liens on the business?*
Have any legal actions or suits been filed against the company?*
Have you or the company ever filed for bankruptcy?*

Required Attachments

Drop files here or
Max. file size: 300 MB.
    Drop files here or
    Max. file size: 300 MB.
      Must be current year-to-date.
      Drop files here or
      Max. file size: 300 MB.
        At least 1 year of business returns. If available, provide the last 2 years.
        Drop files here or
        Max. file size: 300 MB.
          Please provide the last 3 months of your business checking account statements.
          Drop files here or
          Max. file size: 300 MB.
            Please upload a copy of your driver's license, state issued ID, or passport as proof of your identity. No need to provide ID's of any additional owners here, as they will upload their files when they complete their profile.
            Drop files here or
            Max. file size: 300 MB.
              A personal utility bill, credit card statement, lease agreement or mortgage statement will all work to prove residency.
              Drop files here or
              Max. file size: 300 MB.
                A business utility bill, commercial lease agreement, or mortgage statement will all work to prove business residency.
                Drop files here or
                Max. file size: 300 MB.
                  *Please make sure that any uploaded files are not password-protected.

                  Authorization, Certification, & Submit

                  Adjusted Gross Income (AGI) is defined as gross income minus adjustments to income. Gross income includes your wages, dividends, capital gains, business income, retirement distributions as well as other income.
                  (including yourself)
                  Are you a US Citizen?*
                  MM slash DD slash YYYY
                  Credit Check Authorization*
                  By the consent below, you give Mountain BizWorks authorization to obtain a credit report using the information provided above. Such authorization shall extend to obtaining a credit file in considering the application of the credit applicant and subsequently for the purposes of update, renewal or the extension of such credit and for reviewing and collecting the resulting account, now and from time to time, as may be needed in the credit evaluation and review process and waives any right or claim they would otherwise have under the Fair Credit Reporting Act in the absence of this continuing consent.
                  If applicable, please provide an explanation below of any Late Payments, Repossessions, Collections, Liens, Judgments, and Bankruptcies that you are aware of that occurred in the past 5 years.
                  Certification of Loan Application Accuracy*
                  By checking the box below, Applicant certifies that the proceeds of any loan made as a result of this application will be used for business or organizational purposes only, and will not be used for personal or consumer purposes. Applicant hereby affirms that he/she does not discriminate on the basis of race, color, religion, national origin, gender, marital status, or age. Applicant hereby acknowledges that (1) no loan officer has authority to commit Mountain BizWorks (MBW) to any loan without prior approval of the MBW CEO and (2) any loan commitment must be in writing and signed by an authorized representative of MBW. MBW is authorized to make all inquiries MBW deems necessary to verify the accuracy of this statement and to determine the creditworthiness of the business or organization. Applicant authorizes MBW to answer questions and inquiries from others seeking credit experience information about the business or organization.

                  In accordance with Federal law and U.S. Department of Agriculture policy, Mountain BizWorks is prohibited from discriminating on the basis of race, color, national origin, age, disability, religion, sex, and familial status. (Not all prohibited bases apply to all programs.) To file a complaint of discrimination, write USDA, Director, Office of Civil Rights, 1400 Independence Avenue, S.W., Washington, D.C. 20250-9410 or call (800) 795-3272 (voice) or (202) 720-6382 (TDD).

                  Applicant certifies to Mountain BizWorks that (1) all information provided to MBW is correct and accurate, and can be relied upon by MBW, and (2) MBW is authorized to verify or confirm any of the information given, check with credit and personal references, and obtain credit reports in connection with this application and/or review of any facility approved by MBW. Applicant gives permission to all creditors and references to give MBW any information it needs to make a decision in approving a loan facility.

                  Please note: the application takes a moment to fully submit due to processing multiple files. Once you hit "Submit", please wait until you reach a message confirming the application is 100% submitted.
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