Almost all investors and lenders want to see your Small Business financial statements. By preparing a basic financial statement package for your Small Business, and keeping it current, you'll be in a better position to act quickly on financing opportunities. There are two levels of Small Business financial statements to prepare, the basic documents needed for most small business financial activities, and supporting documents needed, especially for large loans or investments.
Did you know that lack of a business credit history is the primary reason why many start ups and early stage businesses find it difficult to obtain commercial financing? As an alternative, over half of all small business owners (including some well-known ones) turn to their personal network of relatives, friends, business associates, etc., and other people they know for private loans.