I want to apply for a small business loan, but don't know if I'll qualify. What can I do?
Speak to your banker. They'll be interested in speaking with you. They may be able to assist you directly, inconcert with a loan from the Small Business Administration or they may not be able to make you the loan, but could refer you to a lender who can. Not all banks make the same kinds of loans.
After you speak with your banker, there will be some common items you will need for almost any lender. This will include:
Personal financial statement (ask your banker for a form if you don't have one).
Personal tax returns.
Business financial statement if this is an existing entity.
Business tax returns if this is an existing entity.
dba statement, the document allowing you to do business under an assumed name, if applicable.
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