Seeking Bank Financing

Applying for financing is a crossroads that every business comes to at one time or another. Despite your confidence in the future of your business, the process is time-consuming, intimidating, and full of opportunities to derail if you don’t do everything right. Different financing resources require different things, but what is common is that the list is typically very long. Most will require one year of bank statements for all accounts, a personal financial statement, several years of tax returns (both business and personal), several year-end financial statements, copies of lease agreements, copies of any other notes or any other obligations, and information about owners and key management. A common error that businesses make that prevents them from getting the financing they’re seeking is not having adequate financial data—either it is historically lacking, or it is not timely or accurate.

CPA Services for Seeking Bank Financing

How We Can Help

Fricke & Associates, LLC can help take the stress, time, and guesswork out of seeking financing. As specialists in serving small and mid-sized businesses, we have worked with thousands of companies on financing.

Client Testimonials

Without exception detailed and accurate accounting services from very professional staff!

I've been using Fricke & Assocs. for several years and have been very pleased with their services. The CPA handling our account has always been very responsive to any and... more

I really appreciate using Fricke & Associates for both my business and personal returns! Michele did a great job and is eager to explain any questions I have and help... more

I could not recommend these folks enough. Tessa and her team have been instrumental in helping our business accounting. 10/10.

I love this Company! They've been helping me for years. Ted was great! And Michele has been a true professional and pleasure to work with! If you need help with... more

Fricke and Associates,LLC has been our accountants for 32years. Their services are professional and the best in the business.

Efficient Timely and Professional

I’ve been working with this accounting office for the past 3 years for my Georgia tax returns, and I couldn’t be more satisfied. Their professionalism, accuracy, and attention to detail... more

2nd Generation using them. My dad used Fricke for his buessness and now im using them for my taxes. They know their stuff and I will always recommend them

We had a pleasurable experience as we were behind multiple years and our Son needed the completion of the taxes to complete the FASA form for schorship. Tonya and team... more

Fricke CPA Office

What We Can Provide

Here’s how we can help:

  • One of the biggest ways we help is by keeping your financial information current and complete, so when you apply for financing, you don’t need to spend time searching for it only to find out you don’t have it.
  • We can also help prepare financial ratios, assist with plans to improve financial ratios, maintain files for loan documentation, and prepare statements of cash flow.
  • We keep up with the ever-changing landscape of rules, regulations, and loan covenants to help you avoid mistakes and pitfalls.

When it comes time to seek financing, we recommend that you meet with us and your banker to obtain a list of requirements for the type of loan you seek and begin gathering the information. You should also begin to monitor your financial data to meet the ratios needed to meet the covenants and ensure the cash flow will be adequate to borrow. With Fricke & Associates, LLC on your team, working with you side by side, this process does not have to be overwhelming or time-consuming—and you can provide your banker with exactly what they need.

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We can help

If you need a bookkeeping professional for small businesses in Atlanta, GA, Fricke & Associates, LLC. We have the expertise and experience to understand your needs, analyze your financial data, promote your growth, and ensure your financial future is set on a successful path. Additionally, we are a leader in developing and implementing the latest technology for optimizing accounting and tax solutions.

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