Why tax returns work against you
Good tax strategy lowers your taxable income. That is smart. But traditional loans use that same low number to decide how much you qualify for.
The result is frustrating. Your business is healthy and your bank account proves it, yet the standard loan says no. You are not the problem. The wrong loan is.
Bank statement loans
These loans qualify you on your actual deposits, not your tax returns. We use 12 or 24 months of bank statements to show real cash flow.
If money is coming in, we can usually make it work. No tax returns required.
1099 and P&L loans
Two more options built for how you really earn.
- ›1099 loans. Perfect for independent contractors and gig workers. We use your 1099 income to qualify.
- ›P&L loans. Qualify with a profit and loss statement prepared by your CPA.
- ›Asset based options. In some cases we can qualify you on your assets.
What you will need
- ›12 to 24 months of bank statements, personal or business.
- ›A CPA prepared P&L if we go that route.
- ›Your business license.
- ›A credit report, which I pull for you.
Ready to talk about your situation?
No pressure, no obligation. Book a quick call or start your application whenever you are ready.