Playbook / Lessons / Applications: accelerator, grant and lender
Cash-flow businessA lean plan is enough, but have the financials ready
An SBA blog contributor gives five ways to make a credit application stand out: check your personal and business credit reports, have trade references, have current financial statements ready and bring a short business plan. He also tells applicants to stay prompt and responsive when the lender asks for more.
“This doesn't have to be a book but a lean business plan document will suffice.”— Marco Carbajo, How to Have A Stand Out Business Credit Application, Aug 2016
Do this
Pull your free personal credit report this week and correct any error you find, before your name goes on any loan application.