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www.UnsecuredLines.bizSTEPS TO OBTAIN A SMALL BUSINESS LOAN
Many people become tired of working for someone else. Some have always had adream to start their own business. Others have finally decided to take action but are notquite sure how to go about financing. Here are the steps to turning your dream into areality:
Step 1
Before applying for a small business loan, begin by writing a detailed 3 year 
businessplan including
the cash flow projections for each month of that 3 year period. Also, anestimated profit and loss statement must be included for each month for the 3 year period. The purpose of the business plan is to show the lender a road map on how thebusiness will be structured, marketed and profitable. C&C Capital Lending specializes inpreparing business plans that have a high rate of acceptability.
Step 2
Getting a small business loan from a national
bank
can be difficult at this time. Bankshave been greatly affected by the recession. Don’t be surprised if you get turned downfor a loan.
C&C Capital Lending
is a good place to start. They offer business loans upto $1 million and service entrepreneurs all over the U.S.
Step 3
Calculate your monthly
DTI
or debt to income ratio. Add up all your monthly expensesand subtract it from your monthly income. This will prove to the bank that you arepersonally vested in your business venture.
Step 4
The bank will want to review records of your 
income tax returns
for the past threeyears. Make copies and include it with your business loan application.
Step 5
During the application process, the bank will do a
credit check
to determine how youmanage your money. It’s important that you check your credit history for accuracy &score. You canClick hereto get a FREE copy of all your 3 credit history with score or visitwww.unsecuredlines.org.If you have bad credit it will make it much more difficult to get a loan. A high FICO score is key to getting a loan. If you have bad credit,
C&CCapital Lending
offers a credit repair program to get you back on track and closer toyour dream.
Step 6
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