Organize financial information so you can explain a business funding request.
Program rules, amounts, and dates can change. Check the linked official sources for the current cycle.
Gather current records
Collect recent financial statements, revenue and expense records, debt details, and the documents requested by a lender or program. Requirements vary.
Explain the funding purpose
Connect the requested amount to a defined use, such as equipment, working capital, or a project. Identify assumptions clearly.
Plan for repayment when borrowing
For a loan, prepare realistic projections showing how the business expects to make payments. Ask the lender what documents it needs.