Whether you're pursuing an SBA loan, a line of credit, or a business card portfolio, funding readiness is more than a personal score.
Structural readiness - Registered entity in good standing - EIN in use for two or more years, ideally - Dedicated business bank account - Clean bookkeeping
Credit readiness - Personal credit above lender minimums - Business credit profile with reporting tradelines - Low personal utilization - No recent derogatory items
Documentation readiness - Business tax returns - Bank statements - P&L and balance sheet - Debt schedule
The clients who receive funding fastest are the ones who prepared before they needed the money.