Getting Started

To Begin a Consultation, We Request the Following Information:

  1. The last three year-end financial statements from the external accountant (CPA)

    2. These should be either “Review Engagement” or “Audited” quality for larger, more complex loan requests. In the case of small loans, a Compilation Report may be sufficient for some lenders. The entire report is required including notes to financial statements.

  2. Interim financial statements to whichever month-end is completed

    3. These are generated by the company’s internal accounting staff. These should consist of an income statement which covers the year-to-date period as well as a balance sheet.

  3. Aged Accounts Payable and Aged Accounts Receivable

    4. These should be at the same date as the balance sheet in section (2) above.

  4. Interim financial statements from the prior year

    5. Similar to (2) above, but from one year earlier.

  5. Proforma Income Statement

    6. For the next two fiscal year ends. This should be two 12 month forecasts and provide a rationale for the numbers presented.

  6. Cash Flow Forecast

    7. This should be for the next 24 months and completed on a monthly basis. The cash flow forecast should take into consideration capital expenditures and estimated financing.

  7. A short written description

    8. This description should cover what the money will be used for and how this financing positively impacts the company in both qualitative and quantitative terms. This should be one page or less.