A documents checklist, six preparation steps, the parts of a loan-request business plan and four official websites, written for trade contractors and building supply stores in Lewisburg, TN.
Bank, job files, tax folder: a business loan documents checklist for a Lewisburg, TN crew
A contractor's paper trail sits in three places: the bank, the job files and the tax preparer's folder. Pulling from each one before a request keeps the first partner conversation on the numbers instead of on missing pages.
- twelve months of business bank statements from every operating account, not only the main one
- the most recent business tax returns, with the schedules the preparer attached
- a profit and loss statement for this year so far and a balance sheet dated the same day
- an accounts receivable aging report that shows which general contractors owe what, and for how long
- a schedule of open jobs: contract value, amount billed, retainage held and the expected finish
- quotes for any machine or trailer in the request, with model, year and price
- a list of current debts with lender, balance, monthly payment and payoff date
- a printout of the company's Tennessee Secretary of State listing, plus photo ID for each owner
A partner may ask for fewer papers or for different ones. The list covers what a contractor's review can draw on, and a building supply store adds its inventory report and its own receivables aging.
Preparing for a small business loan in Lewisburg, TN: price the skid steer, then match a product
- Name what the money pays for and put a dollar figure on it: a skid steer, a materials order, a payroll gap on one job.
- Match the cost to a product: equipment financing for the machine, a line of credit for gaps that repeat, a term loan for a one-time cost spread over years.
- Try two or three rates and terms in the term loan repayment calculator, so the request amount fits the cash the business has left each month.
- Read your own credit report and bank statements the way an outsider would: returned items, overdrafts and large one-time deposits each deserve a one-line explanation.
- Gather the checklist papers above into one folder, paper or digital.
- Call (931) 281-0184 or use the request form; the funding partner that takes up the request then runs its own review.
Steps one and two keep a request specific. An amount such as "whatever I can get" gives a partner nothing to size, while "a used mini excavator, quoted at a stated price" does.
A few-page business plan for a loan request in Lewisburg, TN: work mix, backlog, use of funds
A loan-request business plan runs a few pages, not the long document a new venture writes for investors. For an operating contractor it answers four questions: what the business does and for whom, what the money buys, how the payments get made and what happens if a large job slips.
- work mix: residential, commercial or public jobs, with a rough share of revenue from each
- backlog: signed contracts not yet billed, and the general contractors behind them
- use of funds: the machine, the materials or the payroll stretch, with the quotes attached
- repayment: the monthly payment from the calculator, set beside the cash left each month after costs
- the downside: what the business does if its largest customer pays two months late
Contractors comparing plan templates can skip the market-size chapters written for new ventures. Startups without revenue are outside this site, and a partner can check the backlog and repayment lines against the bank statements in the folder.
Four official websites for Marshall County, TN business filings and contacts
Four official websites cover the public records and contacts a Marshall County, TN trade contractor works with:
- Tennessee Secretary of State, Business Services: the state office for corporation and LLC filings
- Marshall County, TN official website: county offices and their contacts
- City of Lewisburg, TN official website: city departments, for a business inside the city limits
- Tennessee Small Business Development Center locator: the state SBDC network's list of centers
This page states no filing rule, fee or deadline; confirm each one with the office that issues it. None of these offices is affiliated with Sabledale Business Loans, and none of them reviews the funding requests sent here.
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