New Account Checklist for Business Accounts

This document is a guide detailing the requirements for opening a new business account. It outlines the necessary documentation needed, including a W-9 form, entity formation documents such as Articles of Incorporation, and verification of good standing from the Secretary of State. The checklist specifies acceptable forms of identification for authorized signers, including a driver's license, state-issued ID, or passport. It also provides information on the financial suitability requirements that investors must meet in order to invest in mortgage loans, including net worth and income thresholds. Additionally, the document includes sections for business information, authorized persons, and client relationship questions. It emphasizes the importance of providing accurate information and the potential consequences of failing to meet the outlined requirements. The guide serves as a comprehensive resource for businesses looking to establish an account with Ignite Funding.