Can I sign the application electronically?

Yes. Electronic signatures are generally enforceable under the ESIGN Act (15 U.S.C. ch. 96) and UETA where adopted. Verify the lender’s acceptance of e-signatures and whether any closing documents require in-person signatures or notarization.

What supporting documents are required?

Common attachments include business and personal tax returns, bank statements for 90 days, profit and loss statements, organizational documents, and proof of collateral or invoices when financing specific assets.

Who is authorized to sign for an entity?

An authorized signer is typically an officer, manager, or person named in a corporate resolution or operating agreement. Provide a board resolution or power of attorney when the signer is not listed in formation documents.

Is notarization or witness required?

Most loan applications do not require notarization, but loan closing documents or security instruments often do. Notarization rules vary by state; some states have specific RON processes for remote notarization.

How do I correct information after submission?

Contact the lender’s intake team to request an amendment or re-submission. Provide corrected pages with signatures and dates; lenders often require a new signed declaration to confirm the corrections.

What if the lender requests additional verification?

Respond promptly with the requested documentation. Delays or incomplete responses increase processing time and may affect approval or pricing decisions.

Electronic Signature
Templates
Finance
Wells Fargo Business Loan Application

Wells Fargo Business Loan Application

This template is fully customizable. Edit the text, fill out the fields, and send it for signature. Give it a try!

Business Loan Application

1. Complete the application 2. Sign on the last page 3. Submit to a Bank of Hawaii Business Banking Officer at any location listed on the last page

BUSINESS INFORMATION

Complete Legal Name (Under Which Tax Returns Are Filed)

Registered Trade Name

Business Physical Address
City
State
Zip
Business Phone

Mailing Address
City
State
Zip
Fax Number

Federal Tax ID/SSN#
State ID#
Contact Name
Email Address

Nature of Business
State of Registry

Legal Status

Sole Proprietor “C” Corporation Limited Liability Partnership (LLP) General Partnership Professional Corporation Limited Liability Company (LLC) “S” Corporation Limited Partnership Other:

Annual Gross Sales (Revenues)
Projected Sales This Year
Date Business Established
Current Ownership Since
Number of Employees

CREDIT REQUEST

Purpose – Borrowing Need (check all that apply)

Purchase Machinery or Equipment Expansion Carry Receivables Purchase Inventory Pay Accounts Payable Other:

Collateral to Be Pledged

The following is the (non-real estate) collateral you will pledge:

Accounts Receivable; Furniture, Fixtures and Equipment. Deposits, General Intangibles, Trade Names, and Licenses; Inventory Assignment of Receivables, Contract: Specific Equipment (Describe): Life Insurance - Insurance Agency: Cash Deposits: Contact: Other:

Loan Amount and Type (minimum $10,000; maximum $250,000)

For Credit Requests over $250,000, please see a Business Banking Officer or Manager

TERM LOAN: Fixed Rate option available for 36 or 60 month loan term or Floating Rate

Requested Term (Months): 12 24 36 48 60

Amount $

LINE OF CREDIT: New Increase Decrease

Existing Line of Credit Account #:

Amount $

LETTER OF CREDIT: Commercial Standby

(a completed Letter of Credit application is also required)

Amount $

EQUIPMENT LEASE*: Requested Term (Months): 36 48 60

Amount $

SBA LOAN: Requested Term & Type:

Amount $

OTHER:

Amount $

TOTAL AMOUNT

$

Payments and Authorization: You authorize and agree with Bank of Hawaii that required monthly payments for the requested Term Loan, Line of Credit and/or SBA Loan will be automatically deducted from and Line of Credit advances and Term Loan proceeds will be deposited to the existing Bank of Hawaii Business checking account indicated below. Monthly Line of Credit, Term Loan and SBA Loan principal and/or interest payments will be in the amounts specified in the Term Loan, Line of Credit and/or SBA Loan documents if this Application is approved.

Bank of Hawaii Checking Account Number:

Your authorization will remain in full force and effect until Bank of Hawaii has received written notification from you (or either you or Bank of Hawaii) of its termination in such time and in such manner as to afford Bank of Hawaii a reasonable opportunity to act on it.

Notice: All credit and/or equipment lease products requested pursuant to this application may only be used for a business purpose, and in no event may any of the credit products be used for any personal, family, household, or additionally in Guam, agricultural purpose.

* Equipment Leases available in Hawaii and Guam, minimum $20,000.

PRINCIPAL/GUARANTOR INFORMATION

Principal/Guarantor #1

Name
% Ownership
E-mail Address

Nearest Relative Name
Relationship
Residential Phone
Mobile Phone

Street Address
City
State
Zip

Principal/Guarantor #2

Name
% Ownership
E-mail Address

Nearest Relative Name
Relationship
Residential Phone
Mobile Phone

Street Address
City
State
Zip

QUESTIONS

Please answer the following questions YES / NO. If yes to any, please describe.

Are there any delinquent state or federal taxes owed by the business or principal(s)?

Has the business incurred a loss in any of the last 3 years?

Is the business an endorser, guarantor or co-maker for obligations not listed on financial statements?

Is the business a party to any claim or lawsuit?

Has the business or any of the principals ever declared bankruptcy?

Is the business for sale or under agreement that would change the ownership of the business?

Are any business or personal assets held in trust?

Are Accounts Receivable or Inventory currently pledged as collateral?

If you are applying for a SBA loan, are you a U.S. military veteran or a spouse of one?

Is the business currently applying for credit or a lease with another financial institution or creditor?

DEPOSIT/LOAN ACCOUNTS HELD AT BANK OF HAWAII

Business Accounts

Account Number

Account Holder

Account Type

Monthly Payment

Current Balance

DEPOSIT/LOAN ACCOUNTS HELD AT OTHER FINANCIAL INSTITUTIONS

Business Accounts

Name of Institution

Account Holder

Account Type

Monthly Payment

Current Balance

BUSINESS LOAN APPLICATION AGREEMENT

By signing below, the authorized signers are requesting Bank of Hawaii (the "Bank"), on behalf of the business applicant (the "Company") identified on the front of this application, to approve the credit product(s) and/or equipment lease requested in this application.

Signature

Print Name / Title

Date

Signature

Print Name / Title

Date

Signature

Print Name / Title

Date

Signature

Print Name / Title

Date

Signature

Print Name / Title

Date

Signature

Print Name / Title

Date

APPLICATION CHECKLIST

Completed Business Loan Application Last 2 years Business Tax Returns Last 2 years Business Financial Statements compiled by a CPA Latest year-to-date Interim Financial Statement Personal Financial Statement for each owner with 20% or more ownership Last 2 years Personal Tax Returns for each owner with 20% or more ownership All Financial Statements and Tax Returns are signed and dated Entity Documents IRS 4506-T signed/dated by all Borrower(s) and Guarantor(s) check here if you have been in business less than 2 years

As applicable:

Invoices or Purchase Orders of equipment to be financed Accounts Receivable and Accounts Payable Aging Trust Agreements, and all amendments, if assets are held in Trust

Additional Requirements for Startups and Expansion

Business Plan Opening Balance Sheet 2 years Monthly Cash Flow Projections Business valuation – if buying an existing business Buy-sell agreement – if buying an existing business 2 years prior Tax Returns or Normalized Income Statement of target business copy of Account/Bank statement to validate source of owner’s cash equity injection copy of Lease Agreement for space lease

Note: Credit approval is subject to verification of information and may require submission of additional documentation.

For Cash Secured Term Loan or Line of Credit, submit current Business Tax Return or current Annual Financial Statement.

What the Wells Fargo Business Loan Application Is

The Wells Fargo Business Loan Application is the formal submission used to request credit from Wells Fargo for business purposes. It collects company identification, ownership details, financial statements, tax information, collateral descriptions, and intended use of proceeds. Lenders use the completed application to assess creditworthiness, underwrite terms, and determine pricing and collateral requirements for term loans, lines of credit, SBA-backed loans, and equipment financing.

Why an Accurate Application Matters to Borrowers and Lenders

A complete, well-prepared application speeds underwriting, reduces requests for clarification, and improves the accuracy of credit decisions. It documents authorization to obtain credit reports and tax transcripts, supports collateral valuation, and creates a record for compliance and audit purposes.

Who Typically Prepares and Reviews This Application

Business owners or authorized managers usually prepare the application with help from finance staff or outside advisors.

Small business owners and founders completing personal and business information for underwriting.
Chief financial officers or controllers compiling financial statements, forecasts, and tax returns.
Loan officers and credit analysts at the bank reviewing documents and verifying supporting evidence.

Accurate preparation by the party with signatory authority avoids processing delays and misstatements during underwriting.

Step-by-step: Completing the Wells Fargo Business Loan Application

Follow these sequential steps to assemble required details and submit a consistent application package for underwriting.

01

Gather documents: Collect tax returns, bank statements, financial statements, and organizational documents.
02

Complete fields: Enter business name, EIN, ownership, and NAICS code in each required field.
03

Add financials: Attach balance sheets, profit and loss, and recent bank statements as requested.
04

Sign & submit: Authorize disclosures, sign with authorized signer, and submit via bank portal or secure upload.

Typical Submission and Review Flow

The application follows a straightforward routing path from submission through decision and closing.

Upload or submit: Send the completed application and attachments via bank portal or secure upload.
Initial intake: Bank intake verifies completeness and opens a credit file for underwriting.
Underwriting review: Analysts assess credit, collateral, and financial condition to recommend terms.
Decision & closing: Approvals lead to closing documents, signature, and funding as agreed.

How to Configure a Digital Workflow for This Application

When you prepare an online workflow, map authentication, required attachments, and retention before sending.

Field	Configuration
Recipient authentication	Email link with optional SMS code or KBA per risk level.
Bulk send	Use for multiple applications; verify plan supports bulk delivery.
Conditional fields	Reveal collateral sections only when 'secured loan' is selected.
Audit trail	Enable full event logging with timestamps and IP addresses.

Technical and Security Requirements for eSubmission

Use a platform that supports secure uploads, strong authentication, and audit trails for regulatory compliance.

File formats: PDF, DOCX accepted
Integrations: Salesforce, NetSuite, Google Workspace
Encryption: TLS 1.2/1.3; AES-256

Ensure the vendor offers audit logs, data residency controls, and any required business associate agreements (BAA) for healthcare-related data before sending protected information.

Typical eSignature Vendor Pricing and Feature Snapshot

Compare baseline pricing and a few feature criteria relevant to submitting business loan applications; signNow is listed in the first column per comparative convention.

	signNow	DocuSign	Adobe Sign	PandaDoc	HelloSign
Starting Price	$8/user/mo	$15/user/mo	$14/user/mo	$19/user/mo	$15/user/mo
Free Trial	7-day free trial	Varies by vendor	Varies by vendor	Varies by vendor	Varies by vendor
Bulk Send	Yes (Business Premium)	Yes	Yes	Yes	No
Audit Trail	Yes	Yes	Yes	Yes	Yes
HIPAA Compliant	Yes (BAA available)	Yes	Yes	No	No
Envelope Cap	No cap	100 envelopes/user/year	Varies	Varies	Varies

Core Components You’ll Find on the Application

A professional application contains identity, ownership, financial, collateral, and authorization sections to support lender analysis and legal review.

Applicant information

Business legal name, DBA, EIN, formation date, and registered address used to verify entity existence and match public records for underwriting and KYC checks.

Ownership details

List all owners or guarantors with ownership percentages, social security numbers or EINs, and citizenship to evaluate control, personal credit, and guarantor strength.

Financial statements

Provide balance sheets, profit and loss statements, and cash-flow reports for the trailing periods requested; lenders use these for ratio and cash-flow analysis.

Tax returns

Submit business and relevant personal tax returns for the most recent years to corroborate revenue and profit figures used in underwriting models.

Loan purpose

Describe the specific use of proceeds—working capital, equipment, acquisition—and attach supporting invoices, quotes, or contracts when applicable.

Authorizations

Signatures authorizing credit checks, tax transcript retrieval, and lien searches; these declarations enable the lender to verify representations and perform due diligence.

Required Information and Supporting Data Elements

EIN / SSN: Tax identifier

Owner SSNs: Personal identifiers

Financial statements: Balance sheet summary

Tax returns: Business and personal

Bank statements: Recent 90 days

Organizational docs: Articles, operating agreement

Common Risks and Consequences of Incorrect or Incomplete Applications

Application rejection: Missing data may lead to denial

Processing delays: Underwriting requests increase turnaround time

Higher pricing: Incomplete risk information can raise rates

Personal exposure: Guarantees create individual liability

Fraud charges: Intentional misstatements may lead to prosecution

Tax issues: Incorrect TINs trigger backup withholding

Practical Tips to Complete the Application Efficiently

Follow these best practices to reduce revision cycles and speed the underwriting process.

Verify entity and tax identifiers before starting

Confirm the legal entity name and EIN/TIN with formation documents and IRS records. Consistent identifiers prevent account matching errors and reduce manual verification requests during underwriting.

Provide recent, reconciled financial statements

Submit financials that reconcile to bank statements and tax returns for the same reporting periods. Reconciling reduces follow-up questions and supports accurate cash-flow assessments by lenders.

Designate an authorized signer with documentation

Identify and provide a resolution or power of attorney if someone other than an owner will sign. Lenders require proof of signing authority to accept commitments and guarantees.

Keep a complete copy and an audit trail

Retain the submitted form, attachments, and any eSignature audit logs showing timestamps, IP addresses, and signer authentication for compliance and future reference.

Typical Timelines and What to Expect

Processing times vary by lender workload, loan type, and document completeness; use these typical milestones as planning guidance.

Initial intake:

1–3 business days for completeness check

Underwriting review:

7–21 business days depending on complexity

Additional document requests:

Varies; responding quickly reduces delays

Approval to closing:

Often 7–30 days, depending on conditions

Funding after closing:

1–5 business days following signature and disbursement steps

Representative Use Cases for the Business Loan Application

Real-world examples show common application scenarios and how supporting documents change by purpose.

Working Capital Loan

A seasonal retailer needs temporary working capital to purchase inventory before holiday sales

The owner provides three months of bank statements and prior-year tax returns
Underwriting verified cash-flow seasonality and approved a short-term line of credit secured by inventory and personal guarantee, enabling timely stock purchases.

Equipment Financing

A manufacturing business requests funds to replace a CNC machine

The company supplies equipment quotes, depreciation schedules, and current balance sheet
The lender structured a term loan with equipment as collateral, aligned amortization to expected useful life, and required insurance and UCC-1 filing.

Frequently Asked Questions About the Application Process

Answers to common questions about signing, required documents, authority to sign, notarization, corrections, and processing expectations.

Need help? Contact support

Can I sign the application electronically?
Yes. Electronic signatures are generally enforceable under the ESIGN Act (15 U.S.C. ch. 96) and UETA where adopted. Verify the lender’s acceptance of e-signatures and whether any closing documents require in-person signatures or notarization.
What supporting documents are required?
Common attachments include business and personal tax returns, bank statements for 90 days, profit and loss statements, organizational documents, and proof of collateral or invoices when financing specific assets.
Who is authorized to sign for an entity?
An authorized signer is typically an officer, manager, or person named in a corporate resolution or operating agreement. Provide a board resolution or power of attorney when the signer is not listed in formation documents.
Is notarization or witness required?
Most loan applications do not require notarization, but loan closing documents or security instruments often do. Notarization rules vary by state; some states have specific RON processes for remote notarization.
How do I correct information after submission?
Contact the lender’s intake team to request an amendment or re-submission. Provide corrected pages with signatures and dates; lenders often require a new signed declaration to confirm the corrections.
What if the lender requests additional verification?
Respond promptly with the requested documentation. Delays or incomplete responses increase processing time and may affect approval or pricing decisions.

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