Cash flow management is the key to securing an affordable business loan. Understanding cash flow is hard, we found a tool that takes a lot of the guesswork out of cash flow planning. Financial models are important for business loans of all sizes. They don’t have to be super complex or sophisticated to get you the answers you may need.
When a lender is considering issuing you a business loan or a PO Funding company is reviewing a transaction to help you grow or expand they want to get paid back. When they underwrite the lending opportunity they will look at your past and projected cash flow. Before opening up the conversation with a lender you should have a good understanding of what your cash flow looks like.
The U.S. Small Business Administration offers a ton of great resources for entrepreneurs. Tim Berry, founder of BPlans.com, recently posted a great cash flow projections tool on Sba.Gov. The tool Tim shared is an easy to follow cash flow spreadsheet. If you are looking to take out a business loan any time soon, visit the article here and take a deep dive into your cash flow.
MRKT Capital provides affordable and easy business loans. With so many options to choose from(PO Funding, AR Factoring, Asset Based Loans) we can be flexible so you don’t have to be. MRKT Capital provides direct debt investments and advisory services to help businesses secure the business loan they need to be successful in today’s markets. Tell us a little more about your company and let’s get you the funding you need. Click Here.