Where to start when looking for a business loan?

The best place to start is reviewing your current financials, and observing your own business as a potential underwriter from a lender.

You would want to know what your cash flow is like month-to-month, higher, your revenue is tracking, higher, your balances are, any negative days.

Even starting with how much of a loan you’re looking for can direct you to an accurate number. For example, if you’re looking for $100,000 in funding, observe your financials and figure out well does my current business support paying back that amount?

There are other nuances to consider, but thinking about business loans in this context can help prepare you.

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