Most lenders will require you reflects how a business owner ensure you have appropriate requlred in a business checking account. However, only some lenders require a business plan.
Lenders usually want to look at your bank statements to gauge the financial health of your business. Most businesses need to provide at least: Annual financial statements for the last two years Financial statements show assets, liabilities and your net worth position, as well as your income and expenses. Business plan Be sure to have a detailed and precise business plan -- some lenders might want to know the purpose of the loan and how you plan to use it to increase profits.
