What documents or information are required to be approved for the Line of Credit? What types of bank documents are necessary?

The following documents and information are required to be approved for a Line of Credit: (Please note that we may also ask for additional information, if required.)

• You must have a registered entity in the United States
• Certificate of Incorporation/Articles of Organization  
• For each Owner – controlling 25% or more:
  • Proof of identity (POI)  
  • Proof of address (POA) (needed if a driver’s license is not provided). Examples of POA include a bank statement, recent utility bill (dated within 3 months). POA does not include a cell phone bill.
• Business bank account details   
• MWS token connection 

What types of bank documents are needed?  

A Plaid connection is preferred. If you do not have a Plaid account, you will be required to manually connect your business bank account and provide your three most recent bank statements for the account where your marketplace payouts are deposited. You will also be required to provide a voided check or letter from your bank confirming your account.