Schedules for repaying any other business debts you already owe.Summaries of recent profit-and-loss or balance statements demonstrating that your business is financially healthy and growing.Touch on your credit history and highlight key data from your financial statements that reflect your ability to repay your loan, including: For instance, instead of saying you plan to use the loan for advertising, specify what types of advertising you’ll use, how much each will cost and the percentage of new customers or increased revenue you hope to gain. Be as specific as possible, citing numbers to quantify your goals. Tell your lender how you plan to use the loan.
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