Request a Business Loan in Edmond, OK: Start Here

Banks and other funding sources each set their own criteria. Annual revenue, time in business and the amount requested are among the things a reviewer may look at, and the request form asks for a range for each of them.

Illustration only, invented figures: an Oklahoma County, OK home health agency runs a biweekly payroll of $11,640 and is waiting 35 days for a large invoice to be paid. Before day 35 the agency meets either 2 or 3 of those payrolls, by where the first payday lands, which puts $23,280 to $34,920 of wages inside the wait.

In that case the requested amount range would be the one that reaches the upper figure, and the annual revenue range lets a reviewer see how large that amount is next to the agency's sales. Bank statements, existing payments and the owner's credit may enter the review later; the form has no upload field.

Illustration only, invented figures: an Edmond, OK landscaping company that maintains grounds for commercial properties ends a month with $26,400 of invoices outstanding on 30-day terms and $9,700 of equipment repair and supply bills due within two weeks. The records that show that invented gap:

• An accounts receivable aging report listing the $26,400 and when each invoice falls due
• The maintenance contracts or purchase orders behind the largest invoices
• Recent business bank statements, where earlier invoice payments show up as deposits
• The bills that make up the $9,700, with their due dates
• The latest business tax return, if the partner asks for one

Together they let a reviewer see that the money is owed, roughly when it should arrive and what it has to cover first. Which of these a funding partner actually asks for is up to that partner.

Aerators, a brush chipper and a mower repair draw are worked through on the landscaping equipment financing page.

Illustration only, invented figures: a therapy office in Oklahoma County, OK has a $4,385 repair invoice for two treadmills and a stationary bike used in rehab sessions. Before it sends the request, a short list keeps the entries accurate:

1. Have the repair invoice at hand, with its total and due date.
2. Pick the requested amount range that covers the invoice, not a rounded-up figure.
3. Enter the company name exactly as it appears on the business bank account.
4. Give a phone number someone answers during the workday, since follow-up comes by phone.
5. Choose the time-in-business and annual-revenue ranges from the books, not from memory.
6. Read the consent text before agreeing to it.

Anything the form does not ask, such as what the repair was or how the office would rather pay it back, comes up on the call.

To start, an Edmond, OK dental office hiring an associate dentist needs an operating practice, a phone number that gets answered and a working idea of the amount. The costs around the hire, such as instruments and a computer for the new operatory and payroll in the weeks before the associate's own patient book fills, are talked through on the call.

Tax returns, financial statements and bank statements can wait. If a funding partner reviews the request and needs records, it may ask for them at that point.

A practice that has not opened yet, a real estate purchase or a building project is outside this site from the start. The how it works page follows a request through a partner's review, and the FAQ covers credit checks and tax IDs.