From the course: Financing Your Business

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Review

Review

- Let's review those pre-financing steps. First, make sure you understand the amount you need and how you plan to use that money. Check your business and personal credit scores so you can see where you stand. Gather your last six months of business bank statements so they're ready for a lender. Also gather proof of ownership this may be in the form of a business license, business tax returns or other verification. If you lease a property, the lender may want to see a copy of the lease. You'll find this checklist on your financing eGuide so be sure to refer to it there. Next step is to determine your best sources of funding which we'll delve into in our next module. (gentle music)

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