How to improve your chances of getting financing approved
Lenders and investors look for evidence of cash flow, discipline and a clear plan. Six to twelve months of preparation, with clean records and a realistic ask, makes the biggest difference.
- 1
Route sales through the business account
Visible deposits are the easiest proof of revenue. Cash kept outside the books does not count.
- 2
Keep monthly management accounts
Simple, up-to-date profit and loss and cash-flow reports show control and speed up due diligence.
- 3
Pay on time and reduce existing debt
A clean repayment record and lower utilisation on existing facilities are among the strongest signals.
- 4
Diversify customers
Depending on one buyer for most revenue is a risk for lenders and investors. Show steps to widen the base.
- 5
Start small to build a record
A small facility repaid well can unlock larger ones. Digital platforms and development banks often suit this first step.
- 6
Use the right adviser
An accountant for clean books, a lawyer for terms and guarantees, and a financing adviser to choose the route can save costly mistakes.
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