A Lendistry Blog
Tips for Preparing a Cash Flow Statement
A cash flow statement illustrates a portion of your business’s finances by focusing specifically on the flow of cash into and out of your business....
Writing a Powerful Mission Statement for Your Small Business
When researching your small business, one of the first things consumers look for is your business’s mission statement. They want to know the what,...
Create an Engaging Business Plan for Lenders and Investors
No matter the stage of your small business, it’s best to prepare for future success as soon as possible. The more you plan ahead, the easier it is...
Terms Beginners to Small Business Lending Should Know
Applying for a loan or grant is an exciting step in taking your business to the next level and shaping possibilities for growth. But it can also be...
Community Reinvestment Act (CRA): What It Is & Proposed New Changes
The Community Reinvestment Act (CRA) helps bring responsible loans to low-income communities that need capital to grow. Changes have been proposed...
Tips for Preparing a Balance Sheet
A balance sheet shows what a business owns, and what it owes. When a lender approves you for a loan, they are taking on risk—the risk of whether the...
Tips for Preparing Profit & Loss, a.k.a. Income Statements
Preparing interim and year-end Profit & Loss (P&L) statements, also called income statements, should be business-as-usual for small business...
3 Ways to Improve Your Financial Literacy
Are you ready to make informed decisions, manage your budget, and optimize your credit at your small business? A strong base of financial literacy...
3 Steps to Take Charge of your Credit Report
A credit report is a small business owner’s first impression and a foundational document when applying for a small business loan, SBA loan, or even...
How to Find the Right Lender for Your Business: 5 Key Questions to Ask Before You Apply
Here’s the secret to navigating the finance industry as a small business owner: lenders and banks don’t tell you what they don’t do. This is true of...