1. Define the business purpose
Write down what the funds would pay for, the amount you need, and your timeline. Separate one-time purchases from recurring operating expenses.
- Growth or an additional location
- Payroll or working capital
- Equipment purchase or lease
- Inventory and supplies
- Business property
- Refinancing existing business obligations
2. Prepare a document checklist
The exact requirements come from the provider. A useful starting checklist includes business registration, ownership information, bank statements, tax returns when requested, current financial statements, and an existing-debt schedule.
Keep sensitive records secure. This public resource center does not collect tax returns, banking credentials, Social Security numbers, or identity documents.
Be ready to explain actual operating history, revenue, expenses, repayment capacity, and how the funds will be used.
3. Understand the options you discuss
| Option | Questions to ask |
|---|---|
| Line of credit | How do draws, repayment, fees, and renewals work? |
| Term financing | What are total repayment, payment frequency, term, and prepayment provisions? |
| Equipment financing or lease | Who owns the equipment, what security is required, and what happens at the end? |
| SBA-backed financing | Which program fits the use of funds, and what does the participating lender require? |
| Business credit card | What are the APR, fees, guarantee requirements, and consequences after any introductory period? |
Eligibility and terms vary. Compare actual offers and the complete agreement.
4. Ask before you commit
- What is the total cost, not just the advertised rate?
- Is repayment daily, weekly, or monthly?
- Is a personal guarantee, collateral, or lien required?
- What happens if revenue changes or a payment is missed?
- Can I repay early, and does that reduce the total cost?
- What fees apply to the provider and any referring party?
5. Start the funding conversation
Tell us about your business goals through our funding intake. Scheduling becomes available after a successful intake submission on the street funding page.
Start my funding intake ↗