Obtaining Finance as an SME

You need to convince your lender that your business is a low risk for them while choosing source of finance. To do this you must be able to explain your business model and represent strengths professionally in the form of a business plan.

The Presentation

You should provide a background of both your business and your personal experience and qualifications. Then give your view on the direction of your business and the industry you operate in.

Documentation

You will need to provide current financial statements. If they are older than 3 months an interim set of financials signed off by a CPA can be helpful.

Be confident, prepared and share your enthusiasm about the future of your business with the lender. Your attitude, approach and commitment to the long term business goals of your company will help establish you as a sought after customer.

  • Being new to small business we were really looking...View All

    Cameron Gessner

    Wodup