Quiz: Is Your Startup Fundable? Question 1 How Much Financing Do You Need? Under $40K $40K to $100K $101K to $350K $351K to $500K $501K to $1MM $1MM + Question 2 What's the Primary Reason You Need Financing? Equipment Working Capital/Expansion Refinance Existing Business Buy a Business Start a Business Purchase or Refinance Commercial Real Estate Question 3 What's Your Personal Credit Score? (Check yours for free here) Under 550 551-600 601-650 651-700 701-750 Above 750 Question 4 How Long Has Your Business Been Operating? 0-1 (Including Startups) 1-2 Years 2-3 Years 3-5 Years 5-10 Years 10+ Years Question 5 What Are Your Business' Annual Revenues? $0-$35K $35K-$75K $75K-$120K $120K-$250K $250K-$500K $500K-$1MM $1MM-$2MM $2MM+ Question 6 How Much Does Your Business Invoice Other Businesses or Government Customers? None Under $50K Per Month Over $50K Per Month Question 7 Do You Have At Least $50,000 in a 401(k), traditional IRA, or other retirement plan (answer Yes No Question 8 What Amount Do You Have Available for a Down Payment on Your Loan Amount? 0%-1% 1%-5% 5%-10% 10%-15% 15%-20% 20%+ Question 9 How Quickly Do You Need Funding? 1 Day 1 Week 1 Month 2-3 Months Question 10 Is Your Business Currently Profitable? Yes No Question 11 How Much Equity Do You Have in Real Estate? $1 - $25,000 $25,001 - $50,000 $50,001 - $100,000 $100,001 - $200,000 $200,001 - $300,000 $300,001 - $500,000 $500,001+ Question 12 In Which State Is Your Business Located? Choose an option Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware Florida Georgia Hawaii Idaho Illinois Indiana Iowa Kansas Kentucky Lousiana Maine Maryland Massachusetts Michigan Minnesota Mississippi Missouri Montana Nebraska Nevada New Hampshire New Jersey New Mexico New York North Carolina North Dakota Ohio Oklahoma Oregon Oregon Pennsylvania Rhode Island South Carolina South Dakota Tennessee Texas Utah Vermont Virginia Washington West Virginia Wisconsin Wyoming
