I am wondering if it is common for potential investors to ask for your personal financial info (bank statements, investment account balances, tax returns, etc.) as part of their normal due diligence before investing in a new searcher.

I have seen comments that they do "financial" background checks, but I'm not sure if that just means checking your credit score and making sure you don't have any liens or bankruptcies, or if they want you to open the full kimono and show proof of your net assets.

I know SBA lenders ask to see your personal financial docs because they require personal guarantees, but I don't plan on using SBA due to loan size restrictions.

Nobody has asked me for this info, and I kinda doubt they will, but figured I should be prepared if they do..