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Success Stories – Preparing for Loan

ZümiFi - helping our clients focus on making their businesses work!

Expanding a business is an exciting time, but it often requires financing. When applying for a loan, the bank will require historical financial data and projections for how the loan will be used and repaid. Having up-to-date and accurate financial records is critical in this process.

At ZümiFi, we recently assisted a client in preparing for a loan to expand their business. Because their books were already completely up to date, generating historical financials was a breeze. We also helped them thoroughly document their projections to ensure they were solid and credible.

By having this financial data readily available and organized, our client was able to present a strong case for their loan, which could potentially be a game changer for their business.

This is just one example of how ZümiFi helps clients focus on making their businesses work. Our financial management services, including Outsourced CFO services, can help businesses monitor financial performance, create budgets and cash flow projections, design and implement internal controls, and provide advice and support to key decision-makers.

With our Outsourced CFO services, we can help you with the following:

  • First, monitor your business’s financial performance with customized criteria and metric tracking.
  • Create budgets and cash flow projections to monitor your most critical resources strategically.
  • Design and implement internal controls to ensure that the information you gather is clear, concise, and worth the effort you put into the gathering that information.
  • Advise regarding the technology your business uses and business process optimization.
  • Provide advice/ support to the CEO / COO / Owner as a key and confidential partner.
  • Financial Review and Oversight – For clients who manage their bookkeeping, we offer oversight and review services to monitor that bookkeeping and provide our unique expertise in QuickBooks and financial analysis for your business.

If you want to expand your business and need financial guidance, contact ZümiFi today.