Bank Financing

If you need bank financing, it pays to be prepared. The US Department of the Treasury has invested more than $3.9 billion in community banks across 47 states and the District of Columbia as part of the Small Business Lending Fund. Despite the availability of these funds, many small business owners have discovered that securing bank financing is not an easy task. Banks evaluate your ability to repay a loan by examining several factors. Understanding what a bank wants and how to prepare can mean the difference between securing financing or having to scrape together cash from other sources.

How We Help You Secure Bank Financing

We begin by understanding your business and your goals. Next, we review your financial performance and projections to identify potential financing sources. Finally, we work with you to prepare a successful business loan proposal that includes:

• Executive summary
• Pro forma cash budgets
• Business financial statements
• Owner’s personal financial statements
• Lender introductions
• Representation

Obtaining bank financing for your small business is a major decision. If you’re ready to take the next step, we are here to help you achieve your goal.