Preparing an application for funding can be a daunting task for a new business owner. A typical funder will require various documentation to assess the application and the risk they are taking on. It is thus important to have this information handy when starting this process.

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Prepare for funding applicationn

Prepare for funding applicationn

STARTING POINT
As a starting point, ensure that you have a business plan that includes a financial plan. The financial plan should model future financial performance as well as anticipated cashflows. In addition, if your business is not a start-up and has been operating for some time, ensure that you have prepared financial statements and management accounts.
YOUR SECRET WEAPON
Our accounting and financial management experts will assist you with the preparation of these documents. They will also guide you on the key financial ratios that funding institutions assess. We will also offer advice on actions you can take to improve these financial ratios to increase the likelihood of the funding being approved.