Whether you are starting a new company, expanding an established operation or investing in a major project, obtaining the right financing can make a significant difference.
At MG Tax & Loan Service LLC, we assist business owners in preparing organized financing proposals for consideration by appropriate lenders.
Types of Business Financing
Startup Business Financing
For entrepreneurs preparing to launch a new business and seeking funds for setup, equipment, inventory and initial operations.
Business Expansion Loans
For established businesses seeking capital to expand facilities, increase production, enter new markets or develop additional services.
Working Capital Loans
For businesses requiring funds to support day-to-day operations, inventory purchases, payroll and operating expenses.
SBA Loan Application Assistance
We help eligible businesses organize information and documentation for consideration under applicable Small Business Administration financing programs.
Available programs and eligibility depend on the participating lender and current SBA requirements.
Commercial Property Financing
For businesses seeking to purchase, refinance or improve commercial real estate.
Equipment and Machinery Financing
For businesses purchasing machinery, vehicles, production equipment and other commercial assets.
Business Acquisition Loans
For entrepreneurs seeking to acquire an existing company or purchase qualifying business assets.
How We Structure Business Loan Applications
A business loan proposal should explain:
- The business background and ownership.
- The amount of funding requested.
- The purpose of the financing.
- The business's financial position.
- Historical financial performance.
- Projected revenue and expenses.
- Expected cash flow.
- Repayment capacity.
- Available collateral, where applicable.
- Supporting business documentation.
Our Business Loan Preparation Services
- Business plan preparation
- Financial projections
- Cash-flow forecasting
- Profit and loss statements
- Balance sheet organization
- Business valuation documentation coordination
- Project budget preparation
- Funding proposals
- Loan application preparation
- Financial document review
Loan Approval and Funding
Once the application is prepared, it may be submitted to an appropriate lender for assessment.
The lender independently reviews the application and decides whether to approve, decline or request additional information.
If approved, the lender provides the final loan agreement, including the approved amount, interest rate, fees and repayment schedule.
Loan funds are disbursed according to the lender's procedures and the conditions of the loan agreement.
We do not guarantee approval or a 24-hour funding period.