Business Loan Application for Mount Pleasant, SC Full-Service Restaurants and Physician Offices

Banks and other lenders read a real estate office through the same lenses they use for any business, with one twist: commission income arrives as deals close, not on a steady schedule.

• Cash flow: deposits across enough months that both strong and thin stretches of closings show.
• Credit: the owner's personal credit and any credit file the business has built.
• Time in business, and the pipeline of contracts still waiting to close.
• Existing debt: a vehicle loan in the business name, a card balance, the office lease.
• Collateral, if any: equipment, a vehicle or personal assets standing behind a guarantee.
• The use of the money: a new office, a marketing push or a bridge between closings.
• Capital: how much the owner has already put into the business.

Offices of real estate agents and brokers in Charleston County, SC are small almost without exception: 557 of the 605 employer establishments counted in 2023, 92.1%, had fewer than five employees (CBP, NAICS 5312). ZIP 29464, counted on its own, held 161 such offices (ZIP Code Business Patterns 2023).

None of these goes through the Windharbor form; a funding partner asks for them once it picks up the request.

• Three to six months of business bank statements showing the card processor's deposits.
• Card processing statements for the same months, if the partner is weighing an advance on card sales.
• The latest business tax return, or the owner's personal return with Schedule C for a sole proprietor.
• A year-to-date profit and loss statement; the salon's booking or point-of-sale software may be able to export one.
• The business license or articles of organization, and the EIN letter from the IRS.
• Booth rental or commission agreements, where stylists rent chairs.
• The vendor quote for dryers, styling chairs or a color bar, or the supplier invoice for retail stock.
• A driver's license for each owner who signs.

A full-service restaurant gathers the same core set, with point-of-sale reports and a food supplier's terms in place of booth agreements. A physician office adds payer remittance reports, which show when insurance money actually arrives.

1. Write down the cost and where it comes from: the rower or movable-equipment quote, or the payroll gap in dollars; fixed room work is excluded.
2. Pick the closest funding type, or leave that question open for the call.
3. Call (843) 380-2697 or send the Windharbor short form.
4. While a partner reviews the request, gather bank statements, the latest tax return, a year-to-date profit and loss statement and the membership software's revenue report.
5. Read any offer line by line: total cost, payment schedule, prepayment terms and any guarantee.

A full-service restaurant or a physician office follows the same five steps; only the papers in step four change. ZIP 29464 held 110 full-service restaurant establishments and 118 offices of physicians in 2023 (ZIP Code Business Patterns), and either kind of business can begin with the same call.

To apply with a funding partner, a fitness studio needs a few things in place beyond the paperwork.

• A business bank account kept apart from the owner's personal account, with the membership drafts landing in it.
• A registered business entity and an EIN, with one legal name across the bank, tax and membership-software records.
• A track record of operating, measured against whatever minimum time in business the particular partner has set.
• Revenue a partner can verify, with memberships, class packs and retail split out where the software allows.
• A clear amount tied to a quote or a budget.
• An owner ready to answer questions about personal credit, since a partner can ask for a personal guarantee.

The page on the steps of a request and the common questions page explain what happens after the form, including where credit checks fit in.