Prepare your business for financing with a clearer strategy
Applying for business financing involves more than choosing a lender and requesting an amount. Revenue, cash flow, time in business, credit, existing obligations, documentation and the purpose of the financing may all affect how an application is evaluated.
We help you review where the business stands, organize the information that may be needed and build a more intentional strategy before you apply.
Service in English and Spanish from our Miami office, with virtual consultations available when appropriate.
At a glance
- Service
- Business financing preparation and application strategy.
- Who it's for
- Business owners who want to evaluate their options and prepare the company properly before applying.
- How we work
- In person at our Miami office, with virtual consultations available when appropriate, in English and Spanish.
- Getting started
- Schedule a consultation or reach out to us on WhatsApp.
Is your business looking for financing?
Common situations among the business owners who come to talk with us before evaluating capital for their company.
- You need capital to grow
- You need to evaluate working capital
- You are looking to purchase equipment
- You need to finance an expansion
- You are considering opening another location
- You want to evaluate a line of credit
- You need capital for inventory
- You have a business opportunity and want to review your options
- You were declined before
- You are not sure which documents to submit
- You are not sure whether your business credit is ready
- You are not sure how much your personal credit may matter
- Your books are not fully organized
- You want to avoid multiple applications without a strategy
- You have different offers and are not sure how to compare them
- You are not sure where to start
Not every business is prepared the same way or needs the same type of financing. The first step is understanding where the company stands today.
Our work starts before the application
What Alemay Business does
Alemay Business does not lend the money and does not make the credit decision. Our work is to prepare the business before it applies:
- Reviews the current situation of the business
- Reviews the financing goal
- Reviews the financial information available
- Reviews credit profiles when relevant
- Identifies the documentation that may be needed
- Organizes how the business presents its information
- Builds the financing strategy with you
- Helps determine what to prepare
- Helps evaluate when it may make sense to apply
- Helps evaluate which types of options may be worth considering
- Prepares the owner before an application is submitted
- Guides the owner throughout the process
What the financial institution does
The client formally submits the application once the business is prepared. From there, the financial institution, bank, lender or provider involved:
- Receives and evaluates the application
- Determines eligibility
- Sets its own requirements
- Determines the amount available
- Determines rates and terms
- Requests collateral when applicable
- Approves or declines
- Disburses the funds when it approves
Alemay Business relationships with banks or loan brokers do not guarantee approval or any particular terms.
The financing option should fit the business goal
Not all business financing works the same way. Different categories may exist in the market, with features, requirements, terms and costs that vary by provider. These are general examples of categories that may exist, not products that Alemay Business offers or guarantees.
Business term loans
Financing with an amount and a repayment schedule defined by the provider.
Lines of credit
Access to funds that may be used on a revolving basis under the provider's terms.
Working capital
Products oriented toward the day-to-day operating needs of the business.
Equipment financing
Options tied to the acquisition of certain equipment.
SBA-backed programs
Programs with their own requirements and processes, when they apply to the case.
Business credit products
Certain commercial accounts or products, depending on the issuer.
Other commercial solutions
Alternatives available depending on the provider, with different features and costs.
Each provider sets its own requirements, amounts and terms. Part of the work is understanding which category may line up with the goal of the business before applying.
The business should be able to tell its story with numbers and documents
A business application takes preparation. Depending on the product and the provider, items like these may be relevant:
- Business revenue
- Time in business
- Financial statements
- Business banking activity
- Profit & Loss
- Balance Sheet when applicable
- Tax returns
- Existing obligations
- Cash flow
- Business credit
- The owner's personal credit when applicable
- Industry
- Purpose of the financing
- Requested amount
- Ability to repay
- Collateral when applicable
Not every provider requests exactly the same information, and not every provider gives each item the same weight.
An application also takes strategy
What to prepare, when it may make sense to apply and which options to evaluate are three different decisions worth working through before the business applies.
What to prepare
Organizing the documentation and business information so an application is submitted complete, consistent and well organized.
When it may make sense to apply
Evaluating whether there are financial, bookkeeping, documentation or credit items worth organizing before applying.
Which options to evaluate
Reviewing which types of institutions or products may line up better with the profile and the goal of the business.
A well-organized strategy does not guarantee approval. The final decision always belongs to the lender or provider.
The business credit profile may be part of the evaluation
Some providers may consider business credit information: how the business is structured, what is reported about it and how it has handled certain commercial obligations.
Building or strengthening business credit does not guarantee financing approval, but it can be part of preparing the company overall. Business Credit and Business Financing are related but different services.
The owner's personal credit may also matter
Certain business products may review the owner's personal credit, request a personal guarantee or consider the owner's information as part of the evaluation. It does not happen every time or with every provider, and it should not be treated as a universal requirement.
A business with organized information is better prepared
When business financing is being evaluated, having organized and current financial records can matter. Depending on the product and the provider, items like these may be relevant:
- Profit & Loss
- Balance Sheet
- Revenue
- Expenses
- Bank activity
- Obligations
If the books are behind or disorganized, it may make sense to review them before submitting certain applications. Organized bookkeeping can help the business prepare financial information that may be requested during a financing review, but it does not guarantee financing.
Your tax returns may also be part of your financial documentation
Some financing processes may request business tax returns or tax information about the company. They are not always required, and requirements vary by product and institution.
What our service can include
The scope is defined case by case, based on the situation of the business.
- Initial review of the business
- Definition of the financing goal
- Review of the business structure
- Review of the financial information
- General review of the bookkeeping available
- Business credit review when applicable
- Personal credit review when it may be relevant
- Identification of the documentation that may be needed
- Organization of the information
- Preparation of the application file
- Review of the timing of an application
- Strategy on which types of options to evaluate
- Explanation of financing terms and conditions
- Guidance on comparing alternatives
- Preparation before applying
- Support throughout the process
- Introductions to banks or loan brokers with whom Alemay has relationships, when appropriate
When appropriate, we can help you identify banks or loan brokers to consider, including institutions or professionals with whom we have established relationships. Those relationships do not guarantee approval or any particular terms.
What we do and what we do not promise
What we can do
- Review the business
- Review its financial situation
- Identify the documentation
- Prepare the application file
- Review business credit
- Review the owner's personal credit when applicable
- Organize the information
- Build the financing strategy
- Evaluate the timing of an application
- Provide guidance on which types of options to consider
- Explain terms and conditions
- Support you through the process
- Help you identify banks or loan brokers to consider, when appropriate
What we do not promise
- Approval
- A specific amount
- A specific rate
- A specific APR
- A specific credit limit
- A specific product
- Funding by a particular date
- Financing without a personal guarantee
- Financing without a credit review
- Approval because the business has an EIN
- Approval because the business has business credit
- Identical results for every business
- Approval because of our relationship with an institution
Our process
An orderly sequence that adapts to where the business is starting from. How long it takes depends on each case and on the provider involved.
Business review
We review the structure, the goal, the financial situation and the financing need.
Preparation
We organize the documentation and review the items that may be relevant.
Financing strategy
We define what to prepare, when it may make sense to apply and which options are worth evaluating.
Follow-up
The client submits the application and Alemay Business guides the owner through the process. The corresponding institution performs the evaluation and makes the final decision.
Documents we may need
This is a general reference and depends on the product and the provider.
- Business formation documents
- EIN
- Owner identification
- Business bank statements
- Profit & Loss
- Balance Sheet
- Business tax returns
- Revenue information
- Existing obligations
- Debt information
- Asset documents when applicable
- Payroll information when relevant
- Business credit reports available
- Personal credit information when applicable
- Purpose of the financing
- Approximate amount being considered
- Additional documents requested by the provider
Requirements vary by product and by institution. During the review we determine what information is worth preparing. Please do not send your SSN, full banking details or sensitive documents through public or unauthorized channels.
Before applying again, understand what happened
Submitting another application right away, without reviewing what happened, can leave the same obstacles in place and create unnecessary applications.
We cannot reverse a provider's decision, but we can review the information available about the business with you and help you prepare more carefully before another attempt.
- The reason reported by the provider
- The documentation submitted
- The credit of the business and of the owner when applicable
- Revenue
- Cash flow
- Time in business
- The business structure
- The requested amount
- The product selected
- The provider's requirements
Getting capital is only part of the decision
Before taking on an obligation, the owner should also understand:
- The payment
- The term
- The cost
- The rate
- Any fees that apply
- The impact on cash flow
- Current obligations
Financing should be evaluated not only by how much capital is available, but by how its terms fit the financial capacity of the business. This page is informational and does not replace an individual review of your company's situation.
The purpose matters
The purpose of the financing influences which type of product may be worth evaluating. These are general examples of common purposes; not every purpose fits every product or every provider.
- Working capital
- Equipment
- Inventory
- Expansion
- A new location
- Acquisition of certain assets
- Growth
- Operating needs
- Business opportunities
Why Alemay Business?
Preparation before applying
We start by reviewing where the business stands and what information it has available, and only then discuss how to prepare an application in an organized way.
A full view of the business
We look at structure, finances, documentation and goal as one picture, not as separate pieces.
Financial review
We review the financial information available to understand what the business can show with numbers and documents.
Bookkeeping coordination
If the books are behind or disorganized, the same team can work on the bookkeeping side with you.
Business credit coordination
The business credit profile may be part of the evaluation for certain providers.
Business tax coordination
Business tax returns may be part of the financial documentation that is requested.
Application strategy
What to prepare, when it may make sense to apply and which options to evaluate are defined case by case.
Document organization
We help you gather and organize the file so applications are not submitted incomplete or disorganized.
Relationships with banks and brokers
When appropriate, we can help you identify banks or loan brokers to consider, including institutions or professionals with whom we have established relationships. Those relationships do not guarantee approval or any particular terms.
Bilingual service
We work in English and Spanish so no condition goes unexplained.
A physical office in Miami
9380 SW 72 ST, Suite 230B, Miami, FL 33173. Virtual consultations are also available when appropriate.
The Ale app ecosystem
Ale app gives you access to services, appointments, resources and information from your phone.
Clarity about the limits
We are clear about what depends on the credit provider and what is outside our control.
A real team behind your business financing preparation
The situation of your business is reviewed by real people who explain what they see, help you organize your financial information and answer your questions in English or Spanish, with in-person service available at our Miami office.
Stay connected with Alemay through Ale app
Ale app is the digital platform of Alemay Business. From your phone, you can explore our services, access helpful resources, schedule appointments and stay connected with Alemay Business.
Frequently Asked Questions
Related services
Business Credit
Organizing the commercial profile of the business and planning next steps.
View serviceBookkeeping
Organized, current financial records throughout the year.
View serviceBusiness Tax Preparation
Preparation of the business return based on its tax structure.
View servicePersonal Credit
Report analysis, education and strategy when the owner's profile is relevant.
View serviceThinking about financing for your business?
Schedule a consultation and let's review your goals, your business profile and the preparation that may make sense before you apply.
Alemay Business is not a bank or a direct lender and does not provide the funds. Approval, amounts, rates, terms, collateral requirements and timing depend on the financial institution or provider involved and on the situation of the business. Alemay Business does not guarantee financing or any particular terms. Alemay Business relationships with banks or loan brokers do not guarantee approval. This page is general and informational.