• Poor credit history – we can provide specific consulting as to which steps are necessary to correct the problem.  Some problems are errors of fact.  Others are a matter of developing patterns of paying debt on time.  Obviously, repairing the latter problem is an issue that requires time to demonstrate the problem has been fixed.
• Improperly prepared financial statements
• Improperly prepared statement of collateral
• Borrower’s inexperience in business world
• Lack of, or poorly prepared business plan
• Inadequately described use of funds
• No forecast of cash flow
• Unavailable profit and loss projection
• Absence of audit verification where requested

Borrower’s poor personal appearance – even personal appearance is a subject that is stressed in our role as CPAs.