Longer-term financing usually comes with deeper underwriting. A little preparation makes the process smoother.
Get your records in order
Longer-term reviews generally look closely at financial history. Having recent statements, tax returns, and a clear picture of existing obligations ready tends to reduce back-and-forth.
Understand your numbers
Be ready to speak to your revenue trends, margins, and how you would use the capital. Underwriters look for a coherent story connecting the request to the business.
Plan for timing
Longer-term structures typically take more time than short-term products. Starting early and responding promptly to document requests helps keep things moving.
A preparation timeline
| When | What to do |
|---|---|
| 60+ days out | Assemble returns and financials; clean up the debt schedule |
| 30–60 days | Reconcile bank statements; document add-backs; confirm entity records |
| 15–30 days | Define the amount and use precisely; gather collateral detail |
| Submission | Submit a complete file rather than a partial one |
What underwriting will compute
DSCR = Net operating income ÷ Total annual debt serviceIncluding the proposed new payment.- Consistent, explainable deposits
- A complete and current debt schedule
- Clean separation of business and personal accounts
- Documentation for any unusual deposits or one-time expenses
A complete file is the single largest controllable factor in review speed. Missing pages and undisclosed obligations restart the analysis.
Related financing
Have a question about your situation?
Start a financing request and our underwriting team will follow up.