FUNDINGOS — BUSINESS FUNDING READINESS CHECKLIST (EDUCATIONAL)

[ ] Legal business name and legal entity type
[ ] Business contact information and correct address
[ ] Clear reason for requesting capital
[ ] Specific amount needed and how it will be used
[ ] Accurate monthly revenue and monthly business deposits
[ ] Time in business and a brief business summary
[ ] Recent true and unmodified business bank statements if requested
[ ] Accurate list of existing business debt or cash advances
[ ] Business ownership details and authorizations if requested
[ ] An honest cash-flow plan showing repayment affordability
[ ] Questions to ask: total dollar cost, APR if applicable, fees, payment frequency, collateral, guarantees, early repayment, and default provisions

Requirements vary by product and financing provider.
Never modify financial statements or invent revenue to qualify.
No financing or approval is guaranteed. This checklist is for education only.