We asses a new business owner’s character and commitment based on: • Two professional references from business colleagues or key customers who are not family members or friends • Personal net worth statement • Confirmation of education and training relevant to your business • Verification of your equity investment in the business (minimum 10% of the requested loan) In addition, we obtain a credit report to gain an understanding of your current and past credit commitments and your payment history. We recommend that you learn what is on your credit report by contacting Equifax Canada Inc. online.