How to Prepare Financials for a Loan Application
Securing a business loan starts with one essential step — organizing your financials.
Securing a business loan starts with one essential step — organizing your financials.
Securing a business loan starts with one essential step — organizing your financials.
Getting a business loan can feel intimidating — and for many small business owners, misinformation makes the process even harder.
Getting approved for a business loan isn’t always easy — especially if you’re just starting out or have less-than-perfect credit. Traditional bank loans often come with strict requirements for credit, collateral, and years in business.
In 2025, small business owners have more financing options than ever before. The “best” loan depends on what you need (e.g. working capital, equipment, growth, or fast funding) and your business’s credit, revenue, and timeline. Below is a breakdown of top loan types, leading lenders, and how to select the best one for your business.
Running a small business often means reacting quickly to cash flow needs — a delayed payment, an unexpected expense, or a last-minute opportunity. When time is critical, same-day business funding can be a lifesaver.
Finding the right lender can make or break your business financing experience. The best small business loan lender in 2025 isn’t just the one offering the lowest rate — it’s the one that understands your goals, cash flow, and growth potential.
Technology evolves fast — and staying competitive means keeping up. Whether it’s upgrading your point-of-sale (POS) system, improving cybersecurity, or investing in automation tools, modern tech can streamline operations and drive growth.
Farming and agricultural operations have unique financing needs — land, equipment, inputs, weather risks, seasonal cash flow, and more. Conventional small business loans often don’t fit those realities. But fortunately, there are several specialized loan programs and lenders tailored for farmers and agribusinesses.
Getting approved for a small business loan is challenging enough — but if you don’t have tax returns, the process can feel impossible. Whether you’re self-employed, just launched your company, or experienced inconsistent income, not having filed returns doesn’t automatically mean you’re out of options.