Required Documentation for Application
To ensure a smooth application process, prepare the following documents in advance. These materials are essential to demonstrate your business’s financial stability and eligibility for Padder Lease Coverage.
Required Documents
- Business & Legal Documents
- Articles of Incorporation (if applying as a corporation)
- Partnership Registration (if applying as a partnership)
- Lease-Related Documents
- Completed Lease Application (for the commercial space being leased)
- Financial Documents
- Two Years of Financial Statements (Income Statement & Balance Sheet – Last Fiscal Year)
- Bank Statements (Last Six Months)
- Identification
- Government-Issued Photo ID
These documents allow Padder to assess the business’s financial health.
💡 Pro Tip
Organizing these documents in advance ensures a seamless application experience and helps prevent delays.
For further assistance, contact Padder Support.
Additional Documentation That May Be Requested (Based on Underwriting Outcome)
- Personal Net Worth Statement (if a personal guarantee is required)
- Previous Landlord Reference (if applicable)
- Letter of Good Standing from a Financial Institution
- Other documentation may be requested during the application process.