Free checklist · Fund your business
What lenders actually ask for (build the folder before you need it)
The documents behind every approval — and the quiet problems that get good businesses declined.
Funding is won before you apply
Nearly every “no” from a lender is really “we couldn’t verify.” The fix is a folder you build once and keep current — so when opportunity shows up, your application takes an afternoon instead of a month.
The core packet (almost every lender)
- Business registration / Articles of Organization, and your EIN confirmation letter
- 3–6 months of business bank statements — this is why every dollar flows through that account
- Most recent business tax return (and often personal returns for newer businesses)
- A current profit & loss statement and balance sheet from real bookkeeping
- Business licenses, plus your business address, phone, and website matching everywhere
Often requested, depending on product
- Equipment financing: the invoice or quote for the equipment
- SBA / larger term loans: a business plan, debt schedule, and 2–3 years of returns
- Invoice financing: A/R aging report and your customer list
- Any of them: a personal credit check — know your score before they do
The quiet disqualifiers
- Cash income that never hit the bank — unverifiable means invisible
- Mixed personal/business spending that muddies the statements
- Mismatched details — a business name or address that differs between your filing, bank, and application
- Falling behind on filings — current returns are table stakes
Clean books are the thread through all of it. That’s not a sales pitch — it’s what the checklist above is made of. If yours need rescue first, that’s a conversation we have every week.
Questions about how this applies to your business? Book a free discovery call — thirty minutes, no cost, no jargon. Or head back to all free resources.