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Financial Readiness Checklist
The following list will help you identify the types of information a banker will need to make an informed decision about your business.
- Three years income tax and financial statements
- Year-To-Date Profit & Loss and Balance Statement
- Personal Finance Statements
- Projected Cash Flow Statements for next 12 Months
- Pro Forma for next 12 Months/Length of Loan
- Federal and State Taxes Information
- Collateral Sheet
- Well Written Business Plan
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