Tips to Help Businesses Get Financing

Gerry Weiser from Citizens Independent Bank, offers recommendations to prepare businesses to go to a banker with the proper information and ask for financing.

The proper information includes:
1.) Three years of fiscal year and financial statements, as well as business tax returns.
2.) Corporate interim financial statements to show where the business is to date for the current year.
3.) A forecast for the upcoming year to show where the business is headed.
4.) Personal financial statements and personal tax returns for the business owners.


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