Seeking Bank Financing
Applying for financing is a crossroad 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 which prevents them from getting the financing they’re seeking is not having the adequate financial data—either it is historically lacking, or it is not timely or accurate.
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
Dr. Bill Harris and I practiced together at Emory University Hospital Midtown for about 20 years. Dr. Harris used Fricke and Associates for his accounting needs for many years. He... more
William Fricke has earned my business for a LIFETIME! What a phenomenal person. He made the very confusing process of doing my taxes a DELIGHT. He is so well-studied, well-spoken,... more
We have known Ted Fricke for decades. He is honest, knowledgeable, and very professional. This entire office is easy to get ahold of, and this is necessary because we live... more
I have used Fricke & Associates for my accounting needs for the past 6 years and I am very pleased with the professional service that I have always received.
The staff are excellent, patient, professional, and efficient. They made the process very smooth and easy. We enjoyed working with Marvin and he was always available to answer our questions.... more
After a couple years of less than satisfactory experiences from a large chain tax preparation service, I was referred to Fricke & Associates, not only because of their stellar reputation,... more
Jeanette is great to work with. Highly recommend the firm!
Fricke and Associates know their stuff. We have always received honest and reliable service and communication from them has been up to date and relevant. If your small business needs... more
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 loan you’re seeking and begin gathering the information. You should also begin to monitor your financial data to meet the ratios you will need to meet the covenants and ensure the cash flow will be adequate to borrow. With Fricke & Associates, LLC on your team, working with you sidebyside, 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, tax, and financial planning solutions.
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