All businesses require some form of financing. An integral component of starting a successful business is raising sufficient capital. There are many challenges, but keep in mind that there are numerous resources available to help you. Please feel free to contact us if you need assistance in seeking financing for your business.
There are general items that financial institutions require when you are asking for a loan. These usually include:
- Credit Report
- Personal financial statement
- 3 years projected cash flows
- Written business plan
- 3 years personal tax returns
- Last 3 years business records
- Last 3 years tax returns
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How you manage your money is important to financial institutions. Please contact us if you have questions about financing your business venture.
The Small Business Toolbox has information and financial worksheets to assist you in your business venture and financing options. |
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