Wicked Fast Loan Application

The money you need for your business. Not just fast, but wicked fast.

Note: CEI uses one application form for all Wicked Fast Loans, including interest-bearing and Riba-Free loans.

Please use Google Chrome to complete and submit the application, as it may not work in all browsers.

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All materials submitted to CEI in connection with your loan application shall become the property of CEI and shall be retained or destroyed in accordance with CEI's file retention policy.
WICKED FAST LOAN APPLICATION:
Up to $15,000 for start-ups or $30,000 for existing businesses
Information About Your Business


















Information About You















Co-Applicant or Guarantor:














Business Ownership/Leadership*



























Business Employment and Benefits








Business Development






Summary of Proposed Collateral (please attach a complete list of current business assets if additional space is needed)








Summary of Existing Business Loans and Leases
Existing Loan Details:




Enter as an integer, i.e. 9.5 = 9.5%






If you answer yes to any of the following questions, please provide an attachment with details.
Failure to upload supporting documents may lead to an increase in application processing.










Please upload and submit the following information/documentation with your complete, signed, and dated loan application:

  • Complete, signed, and dated loan application for owners with ≥ 20% and any additional personal guarantor(s)
  • Two-sided copy of valid photo identification for owners with ≥ 20% and any additional personal guarantor(s)
  • Complete list of items to be purchased, with associated cost and specifications, if applicable
  • Most recent business and personal tax returns for existing businesses
  • Most recent year-end balance sheet and income statement for existing businesses
  • Current year-to-date balance sheet and income statement for existing businesses
  • Most recent personal tax returns for start-ups
  • Cash Flow projections by month for 1-year
  • List of business assets with associated values
  • Evidence of a Business Advisor/client relationship is required. CEI can make Business Advisor referrals. Support is free of charge.
  • Partnerships: Partnership agreement
  • Limited Liability Company: Articles of Organization/Certificate of Formation, LLC Agreement, and EIN letter
  • Corporations: Articles of Incorporation, Corporate Bylaws, and EIN letter
  • Copy of current lease agreement, if applicable
  • Additional items, as needed

If approved, the following items will be requested to prior to scheduling a loan closing:
  • Loan Origination Fee (2% of the total loan amount requested)
  • Bank account information for automatic monthly loan payments by ACH
  • Evidence of business liability insurance
  • Borrower’s Resolution, if applicable
  • Additional items, as needed


Acknowledgement and Submission

The Federal Equal Credit Opportunity Act prohibits creditors from discriminating against credit applicants on the basis of race, color, religion, national origin, sex, marital status, age (provided that the applicant has the capacity to enter into a binding contract); and because all or parts of the applicant’s income is derived from any public assistance program; or because the applicant has, in good faith, exercised any rights under the Consumer Credit Protection Act. The federal agency that administers compliance with this law concerning this creditor is the Federal Trade Commission. If a person believes that he or she was denied assistance in violation of this law, they should contact the Federal Trade Commission, Equal Credit Opportunity, Washington, DC 20580.

I/We understand that by signing this application I/we authorize CEI to make inquiries as needed to verify the accuracy of the information and to determine creditworthiness. The undersigned authorize any person or consumer reporting agency to provide any information it may have on the undersigned. I/We certify the information is true and accurate and is provided for the purpose of obtaining a loan. CEI will maintain the
confidentiality of this information and it will not be released without authorization.

The undersigned applicant(s) hereby acknowledges, agrees, and consents to the disclosure of this Application and any supporting materials submitted by the undersigned applicant(s), or on behalf of the applicant(s), to any and all CEI personnel, as well as any committees and the Board of CEI, in connection with a review of this Application in accordance with CEI’s established loan review policies.








DEMOGRAPHICS
This information is optional and will not influence a loan decision from CEI. We collect this information to ensure there is equitable access to CEI’s lending program and to report aggregate data to our funders. We use this data to measure the impact of our lending and inform our lending program, products, and practices.
Applicant Demographics











Co-Applicant Demographics