Working capital
SBA loan for working capital
A working capital request should explain why the business needs cash, how funds will be used, and how repayment will come from operations. Lenders usually want financial statements that support the request.
What to prepare
- Working capital budget and use-of-funds summary.
- Interim profit and loss statement.
- Balance sheet and business debt schedule.
- Accounts receivable and payable aging, if relevant.
- Cash flow forecast showing repayment ability.
Check working capital readiness
Educational preparation only. It is not a loan approval or commitment.