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Looking to Borrow? You May Need an Audit, Review or Compilation

By MarksNelson on November 30, 2016 in Angie McElhaney CPA, CCIFP, Assurance Services, MarksNelson in the News
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Forbes.com, “Looking to Borrow? You May Need an Audit, Review or Compilation”, November 26, 2016

Business lending in the U.S. continues to climb as 2016 winds to a close, and many businesses considering 2017 growth plans will undoubtedly seek financing in the coming year.

One way to prepare for borrowing is to understand the types of financial documentation required by lenders so that you can work with your accountant, if needed, to develop this in a timely manner. As you would expect, in general, the more a lender knows about the business and can see into its financial workings, the better your chances of securing financing.

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MarksNelsonView all posts by MarksNelson
MarksNelson LLC works with clients to help safeguard and grow their businesses. Our ultimate goal is to help our clients to Move Forward. The firm provides Assurance, Accounting Services and Business Advisory, Business Valuation, Consulting, Cost Segregation, Employee Benefit Plan Audits, Litigation Support, Forensic Accounting, International Tax, State and Local Tax and Tax planning, advisory and compliance services. MarksNelson is a member of The Leading Edge Alliance, the second-largest international professional association of independently owned accounting and consulting firms, serving clients who need additional resources on a national or international level. MarksNelson has significant accounting and business advisory experience in the auto dealership, construction, insurance, manufacturing, distribution and real estate sectors. The firm was named among the 2014 Best Accounting Firms for Leadership Equity by the 2014 Accounting MOVE Project for its dedication to gender equity.