Resource center
Use these guides to understand the basics, then schedule a consultation for guidance based on your situation.
Official consumer resources
External resources are provided for education. Government agencies do not endorse Davis Business Consulting.
Lenders commonly review time in business, revenue, cash flow, existing debt, personal and business credit, industry risk, and the completeness of your application. Prepare financial statements, bank statements, formation documents, identification, and a clear explanation of how you will use the funds.
Personal credit connects to you as an individual. Business credit connects to your company’s legal identity. Many small-business lenders review both, especially when the company is new or the owner signs a personal guarantee.
Credit bureaus must investigate properly submitted disputes about information that is inaccurate or incomplete. Accurate negative information generally remains until the legal reporting period ends. A credit repair company cannot promise to remove accurate information.
Choose the owners, state, management structure, business name, registered agent, business purpose, and basic ownership terms. Plan for an EIN, operating agreement, business bank account, licenses, bookkeeping, and ongoing state filings.
