Every business, from nimble startups to established enterprises, understands that capital is the fuel for growth, innovation, and operational stability.

But let’s be honest, navigating the world of business financing can often feel like a complex maze.

What type of funding is the best fit? What paperwork is involved?

At Tribune Funding, we’re dedicated to simplifying this journey. We partner with businesses like yours to identify and secure the financial solutions that align perfectly with your unique goals and circumstances.

To help you prepare and approach the financing process with confidence, we’ve outlined our diverse range of funding options and the key documents typically required for each.

Getting Started: The Foundation for Most Applications

While specific requirements vary, a Signed Application and 6 Months of Business Bank Statements are foundational for almost all our financing solutions. These provide us with a baseline understanding of your business’s financial health and activity.

Now, let’s explore the specific solutions we offer:

Working Capital Solutions: Keeping Your Operations Flowing

Need funds for day-to-day expenses, managing cash flow gaps, or seizing small growth opportunities? Our working capital solutions are designed for flexibility.

1. Working Capital Advance / Lines of Credit (Under $150,000)

  • Ideal for: Businesses needing quick access to smaller amounts of capital for operational needs or short-term projects.
  • Required Documents:
    • Signed Application
    • 6 Months Bank Statements

2. Term Loan / Working Capital Advance / Lines of Credit (Over $150,000)

  • Ideal for: Businesses seeking more substantial funding for significant operational investments, inventory expansion, or bridging larger cash flow cycles.
  • Required Documents:
    • Signed Application
    • 6 Months Bank Statements
    • Most Recent Business Tax Return
    • Previous Year & Year-to-Date Financials (Profit & Loss Statement + Balance Sheet)

Asset-Based Lending (ABL): Leverage Your Existing Assets

Unlock the value tied up in your company’s assets to secure the funding you need.

A/R Financing / Factoring / Inventory Line of Credit

  • Ideal for: Businesses with strong accounts receivable, substantial inventory, or significant purchase orders/contracts that want to improve cash flow or fund growth without diluting equity.
  • Required Documents:
    • Signed Application
    • 6 Months Bank Statements
    • Most Recent Business Tax Return
    • Previous Year & Year-to-Date Financials (Profit & Loss Statement + Balance Sheet)
    • Aging Accounts Receivable (A/R) + Accounts Payable (A/P) Report
    • Inventory Report with numerical values (if applicable for inventory lines)
    • Purchase Orders (POs), Contracts, or Master Service Agreements (MSAs) supporting receivables or future revenue

Equipment Financing: Acquire the Tools for Success

Whether you’re upgrading technology or investing in heavy machinery, financing essential equipment can preserve your working capital.

1. Equipment Financing (Under $100,000)
  • Ideal for: Streamlined financing for essential equipment purchases with a lower price point.
  • Required Documents:
    • Application
    • 6 Months Bank Statements
    • Equipment Invoice

2. Equipment Financing (Over $100,000)

  • Ideal for: Significant investments in machinery, technology, or other critical business equipment.
  • Required Documents:
    • Application
    • 6 Months Bank Statements
    • Equipment Invoice
    • Previous Year & Year-to-Date Financials (Profit & Loss Statement + Balance Sheet)

SBA Loans: Government-Backed Support for Your Business

Small Business Administration (SBA) loans often come with favorable terms and can be used for a wide range of business purposes, from real estate to working capital and debt refinancing.

  • Ideal for: Businesses looking for long-term financing with potentially lower interest rates and longer repayment periods, backed by a government guarantee.
  • Required Documents:
    • Last 3 Years of Personal Tax Returns
    • Last 3 Years of Business Tax Returns
    • Last 3 Years of Completed Financials (Profit & Loss Statement + Balance Sheet)
    • Business Debt Schedule (a list of current business debts)
    • Personal Financial Statement
    • Detailed Use of Funds (specific breakdown of how the loan will be used) & Requested Loan Amount

Subordinated Debt Loans: Flexible Capital for Growth Initiatives

Subordinated debt is a type of loan that ranks below other, more senior loans or obligations in terms of claims on assets or earnings.

Ideal for: Established businesses seeking flexible capital for growth, acquisitions, or recapitalizations, often when senior debt options are limited or more restrictive.

  1. Required Documents:
    • Signed Application
    • 6 Months Bank Statements
    • Last 2 Years of Business Tax Returns
    • Last Year’s Completed Financials (Profit & Loss Statement + Balance Sheet)
    • Year-to-Date Financials
    • Business Debt Schedule
    • Detailed Use of Funds (specific breakdown) & Requested Loan Amount

Your Path to Funding Starts Here

Understanding these requirements is the first step toward securing the financing your business deserves. By preparing these documents in advance, you can significantly expedite the application and underwriting process.

Ready to take the next step? Our experienced team is here to guide you through your options and help you identify the best financing solution to power your ambition.

Contact us today to discuss your business financing needs!