It should also include a listing of personal assets and liabilities of the owners. The lenders may require tax returns of the owners for three years as well. A start up business will include projections and cash flow analysis. Income Statement last 3 fiscal year end statements. Cash Flow Projections to show cash generation projection to pay back loan.
Banks provide short and long term financing.
You may be able to establish a line of credit based on anticipated business needs. Banks offering commercial loans in the Housatonic Valley Region are listed below. Leasing Companies provide alternatives to purchasing fixed assets. A lease normally requires a little or no down payment although the lessor does not own the asset. A local bank or Small Business Association may be able to provide a listing of available leasing companies.