Do I Need Financial Projections To Qualify For An SBA Working Capital Loan?

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Manage episode 237104104 series 2518941
By Ryan Smith. Discovered by Player FM and our community — copyright is owned by the publisher, not Player FM, and audio is streamed directly from their servers. Hit the Subscribe button to track updates in Player FM, or paste the feed URL into other podcast apps.
Yes you do. Financial projections provide potential lenders the information they require to make an informed decision regarding the future financial success of your new venture. You need to know these three things to ensure your financial projections are acceptable to the lender. First, your financial projections must span a minimum of 3-5 years.

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