Define the purpose
Distinguish inventory and equipment purchases, recurring costs and cash needs. Different products serve different purposes.
Organize your information
Gather entity details, EIN, activity, income and expenses. Requirements vary by issuer, product and profile; an LLC or EIN does not guarantee approval.
Review responsibility and cost
Ask about personal guarantees, credit inquiries, fees, APR and payments. Compare conditions before authorizing applications.
Prepare a repayment plan
Evaluate cash flow available for payments, including with introductory offers. A credit limit is not income.
Sources and official readingNav — Funding readiness Lendio — How it works
Book a conversationGeneral educational content. Not an eligibility assessment or legal, tax or investment advice. Product conditions may change.