fund-businesslisted

# Fund Business Structure capital correctly and assemble the package a lender wants to see. ## Funding paths (by cost) 1. **Family gift/0% advance** — pre-revenue validation 2. **SBA Microloan** (50K statutory cap) — against equipment 3. **CDFI direct / Community Advantage** — social-impact businesses 4. **SBA 7(a) Small Loan** (350K max) — sized to gate-case DSCR 5. **Friends/family equity** — with governance charter 6. **Grants** — founder programs, local initiatives ## Lender package | Document | Purpose | |---|---| | Loan request summary | Who/what/how much/why | | Pro-forma + DSCR (3-column) | Repayment capacity | | Sources and Uses (balanced) | Every dollar accounted | | 13-section business plan | The narrative | | SBA Form 413 PFS | Borrower credit | | 3 years tax returns | Income verification | | Resume | Experience | | Capital letter | Proof of funds | | Letters of intent | Partnership evidence | ## DSCR rules - **Zero debt before counted revenue** (the #1-decline profile) - Present in **3 columns**: $0 / 50% haircut / validated run-rate - Size to **gate-case DSCR >= 1.25x** - Include a **funded interest reserve** as a named source - The **no-personal-guarantee wall** determines maximum debt