Sole Traders
If you are not already a member of the credit union you will need to join. Joining is easy and we will help with your membership application.
Depending on the amount you have applied to borrow, please bring in the required financial information as detailed hereunder, along with Tax confirmation:
| <€25k: |
>€25k – <€50k |
>€50k |
- Assessment or Financial Accounts, for a minimum of 1/2 years.
- 3 of last 4 months bank statements to assess performance of main current account
At least one bank statement to have you name clearly outlined |
- 1/3 Year’s most recent Notice of Assessment or Financial Accounts.
- Management accounts may be required for financial information that is >12 months old if deemed appropriate
- 6- 12 months of last 7-13 months bank statements to assess performance of main current account.
- Business Plan, along with detailed financial projections, to include debt service. [supported by evidenced based assumptions]
|
- 2/3 Year’s most recent Notice of Assessment or Financial Accounts.
- Management accounts may be required for financial information that is >12 months old if deemed appropriate
- 6- 12 months of last 7-13 months bank statements to assess performance of main current account.
- Listing of: Stock, Debtors & Creditors, may be required.
- Business Plan, along with detailed financial projections, to include debt service. [supported by evidenced based assumptions]
|
