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What Lenders Look For On Your Tax Returns

What Lenders Look For On Your Tax Returns

If you’re applying for a short-term loan with a repayment period of 18 months, the lender

will be much less interested in your tax return than in your bank statements and

deposits. The debt won’t be outstanding for all that long, so these lenders just want to

make sure that you’re pulling in enough revenue to cover your daily or weekly

payments.

If you’re applying for a loan with a longer term, the lender will be interested in your

business’s profitability. They want to make sure you’re making money over the long

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