Financial statement - Posted by Lori

Posted by SueC on February 01, 2001 at 08:42:44:

A financial statement shows your assets and liablities and your cash flow, can be for you personally or your business. Were you asking about a LOC for your business? Some banks provide formats to use. If you’re using any kind of computerized accounting software, you can print one out, but if not, then try Accounting for Dummies. There is a standard format you should use, which is too detailed to go into here. Ask at your local library for a book on how to do this.

Financial statement - Posted by Lori

Posted by Lori on January 31, 2001 at 16:51:13:

I was inquiring about a working credit line today and
the banker i talked to said he wanted to see a financial
statement. I take it he wants to see stocks, bank accounts
, etc. Do i need printouts from the bank or do i just
list them typed up nicely? What format do i need to present
this in to make a good impression? Thanks

Lori - Posted by DavidV

Posted by DavidV on February 03, 2001 at 12:26:09:

This will give you the SBA financial statement as a reference or to use.