Checklist created by out part-time CFOs of what investors and lenders look for outside of financials when assessing a business for credit.
When seeking investment there is a long list of information that is required in order for you and your business to 'tick' all of the boxes for investors and financial institutions.
Many fall short of these requirements, and 56% of applicants will need to reapply.
Below is a list of areas where an exceptional part-time CFO from CFO Evolve could add substantial value when applying for investment or a business loan:
Typically, the company applying for funding -
– Has low, no or variable profitability
– Has low or no growth
– Strategy or business plan is poor or does not seem to reflect the business
– Key milestones in the strategic plan have not been reached
– Budgets and forecasts do not seem to be reflected in the results and in sync with other systems such as CRM or inventory management
– Unable to provide robust 3-way forecasts (Profit & Loss, Balance Sheet, Cash Flow) in a timely manner
– Have they material risks and don’t seem to be mitigating them
– Key person risk and lack of leadership team
CFO Evolve can provide a part-time CFO to suit each businesses budget and needs. Utilising the experience of a highly experienced CFO can ensure that when you require funding or investment that this does not dent your budget too much but provides the experience immediately without the laborious process of hiring a CFO.
All of our CFOs are highly experienced in all CFO and strategic corporate advisory functions however we will match you with your perfect CFO to meet your growth and company requirements.
CFO Evolve provides exceptional part-time CFOs, passionately building great businesses through financial and strategic insights. Contact CFO Evolve if you think that we can assist with your business growth.
CFO Evolve
Exceptional virtual CFOs and part-time CFOs
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