I need capital for my business

I need capital for my business


Capital is a necessary component for business success. To assist you in obtaining the capital that you need please answer the following questions. A Small Business Development Center consultant will contact you to discuss your capital readiness.


*Name:
*Business Name:
*Phone Number :
*Email Address :
*Address:
*City:
*State:
*Zip:
   
1. Is your company a start-up? (in business less than two years?)
Yes No
   
2.Is your company an established/emerging business (in business longer than two years) Yes No
   
3. Are you seeking? Equity Capital Debt Capital Equity Capital Debt Capital
     
4. If debt capital, are you seeking?  
   
5. Do you know your most recent credit score? Yes No
   
6. Is your most recent credit score greater than 625? Yes No
   
7. Do you have one third of the amount requested of your own money to invest into the business ? Yes No
   
8. Do you have assets that you can pledge as collateral for the loan requested? Yes No
   
9. Do you have experience in the industry? Yes No
   
10. Do you have a written business plan? Yes No
   
11. Can you provide a personal financial statement? Yes No
   
12. Can you provide the company’s Federal Income Tax Returns for the three most recent years? Yes No
   
13. Can you provide the company’s financial statements (balance sheet, income statement) for the most recent three years? Yes No
   
14. Does the company have positive Net Worth? Yes No
   
15. Does the company currently have loans outstanding? Yes No
   
16. Is the company current on its outstanding loan payments? Yes No
   
17. Does the company own assets free and clear that can be used to collateralize the loan? Yes No
 
18. Does the company have positive cash flow? Yes
   
19. Has the company’s management team been in place for at least two years? Yes No
   
20. If you are seeking equity capital, are you willing to sell a minimum of 51% ownership in your business to an investor? Yes No
   
Small Business Development Center- At Lone Star College System
5000 Research Forest Drive
The Woodlands TX 77381-4356
Phone 832.813.6674