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GETTING READY · 3 MIN READ

Your next application starts here.

A complete, accurate picture of your business helps the review move forward. Gather these items and confirm the current requirements with your representative.

Your business at a glance

Have the legal business name, any trade names, business address, ownership details, operating history, and industry ready. Make sure the information matches your business records.

A current picture of revenue

Prepare recent business bank statements and an accurate estimate of monthly revenue. Depending on the review, additional financial records or a secure banking connection may be requested. Use only the designated application channel for sensitive documents.

Existing financial obligations

List outstanding business advances, loans, leases, and other financing, including balances and payment obligations where available. Include any relevant liens or restrictions. Accurate disclosure helps avoid an incomplete assessment.

Your purpose for the capital

Be specific about how much you need, when you need it, and how it will be used. Think through the expected benefit and the effect of remittances on the business. A realistic plan is more useful than the largest possible request.

What to expect afterward

The team reviews your information and may ask follow-up questions or request documents. Applying is not an approval or a commitment to accept financing. If an offer is available, review all disclosures and the complete agreement before deciding.

Further reading: FTC guidance on small business financing
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