Business Loan Checklist - Compare Several Free Quotes

• [ ] How much money do you need?

• [ ] Do you qualify for a small business loan?

• [ ] Do you have marketable experience in the field you need a business loan in?

• [ ] Have you done research on the type of loan that is most appropriate for your needs?

• [ ] Is your credit history clean?

• [ ] Have you had a business loan before that you have successfully paid back?

• [ ] Do you have a copy of your credit report?

• [ ] Do you have copies of your tax returns from the past three years?

• [ ] Do you have the financial statements of your company’s shareholders?

• [ ] Do you have copies of your personal bank statement for at least the past year?

• [ ] Have you drawn-up a business plan?

• [ ] Does your business plan include analysis of your marketing, management and financial plan, detailing explicitly how you plan on utilizing a business loan?

• [ ] Do you have assets that you are willing to leverage to secure a loan?

• [ ] Do the lenders you’re considering offer the type of loan you need?

• [ ] Do you have copies of the necessary legal documents (providers may require copies of lease agreements, employment contracts, general contracts, etc., when considering a loan application.)

Commercial Mortgages , Debt Collection