Once you’ve determined that an SBA or traditional bank or credit union loan is the right kind of financing for your business, you’ll need to package your financial information in a way that makes it easy for a banker to make a favorable decision. At the most basic level, you will need to provide:
- Basic information about your business
- Specific information about the loan you are requesting and use of funds
- Financial information about your business and you personally
We highly recommend that you work with one of our network Resource Partners who are skilled in helping business owners prepare themselves to approach funding sources. Simply search for financing assistance in the Resource Navigator to find the right organization near you to schedule an appointment.