• Creditors Will Carefully Underwrite the Actual Reason the Loan Funding is Needed, as Small Businesses Need to Borrow Money for Several Different Reasons
• Fund Increased Sales Growth (short or long term)
• Fund Inventory Purchases
• Fund Accounts Receivable (A/R)
• Fund Fixed Asset Purchases (new or replacements)
• Refinance Existing Debt
• Fund Poor Financial Performance
• Finance Disbursements to Owners
• Pay Unexpected Expenses
• IMPORTANCE TO YOU - Reasonableness test. you still must be reasonable in what you’re asking for. Documenting your plan. reasonable plans still need ongoing documented support. If your needs are unreasonable, document your case anyway