Use relevant business records and the actual operating plan to show the funds’ purpose and the enterprise’s capacity.
Connect the financial decisions
A claim that earnings will support growth needs a supported account. Distinguish actual results and commitments from projected uses that have not yet occurred.
Bring the formation documents, the current capitalisation table, subscription or share purchase agreements, share certificates or membership records, the operating or shareholders' agreement, and resolutions appointing officers. Bank statements tracing the closing funds from the buyer's savings or a personally secured loan, the executed purchase agreement, proof of payment to the seller, and the corporate records showing the shares issued to the buyer. Bring the equity grant or subscription document, the services agreement describing what was performed, board or member resolutions approving the issuance, and your own transfer records showing where your money went. Ask for at least three years of financial statements and tax filings, current payroll showing how many employees the business supports, equipment lists with ownership or lease documents, the premises lease and its assignability, and any licences the operation needs. A signed lease with rent already paid, invoices marked paid for calibration standards or vehicles, a bill of sale with the funds released, insurance policies in force, business licences issued and the first payroll run all show a business that has started.