Why do StockCo need a signed statement of position or 2 years of financials?

StockCo will always seek to understand your financial position so we can be confident that using our facility will not be detrimental to you. Depending on your situation and the size of the facility you seek, StockCo may ask for historical financial statements prepared by an accountant. This allows us to confirm your ability to meet any obligations stemming from the use of our facility.