How Prepared Should Business Owners be When Applying for Bank Funding?

 

For every business owner who comes in with a plan and quality financial statements, there are many more who come in with a few figures scratched out on the back of an old envelope or with inaccurate financial statements. If you were a banker, which owner would you rather work with? If it was your money in the bank, which one would you rather he or she lend it to? 

Here’s a list of what you should supply at a minimum:

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