Start with the short form, or with a phone call to (734) 704-6913 while the cost is still being worked out. A funding partner may ask for documents later; the sections show what four Wayne County, MI businesses would gather and the steps in order.
Papers a funding partner may ask a Wayne County, MI bridal shop for on a sample-gown order
A Wayne County, MI bridal shop placing a large sample-gown order with a designer is asking for inventory financing. Documents are not part of the form; they come up once a funding partner takes the request, and a partner may ask for some or all of these:
- business bank statements for recent months
- the designer's order confirmation, with the gown count and the ship date
- the shop's latest business tax return
- a list of customer deposits already taken on gowns
- photo ID for each owner and the business's EIN
Which of these a partner wants, and how many months of statements, is for that partner to say.
Before the form goes out: a Wayne County, MI music school's list for rental violins and keyboards
A Wayne County, MI music school adding rental violins and keyboards for its students can work down this list before sending anything:
- Name the cost: the instrument order and its total.
- Find the date the supplier wants paying.
- Pick an amount that covers the order and no more.
- Note how long the school has operated and roughly what it takes in each year.
- Then send the form from this page, or phone (734) 704-6913 instead.
- Keep the supplier's quote and recent bank statements within reach for the follow-up.
Rental instruments are assets the school keeps and earns from, so the call would weigh equipment financing against a term loan for them. If some instruments go out on rent-to-own plans, the school can mention that on the call, since a partner may want to know which pieces stay the school's property.
The form first, the oven quote later: what a Livonia, MI pizzeria shares at each step for a second conveyor oven
At the start, a Livonia, MI pizzeria adding a second conveyor oven needs only what the form asks: contact details, the business name, how long the pizzeria has been open, its yearly sales and the amount it wants.
The oven quote, the delivery date and whether the owner plans to put money down are talked through on the call. The oven is equipment; connecting its gas line or electrical supply is property work outside this site.
Later, a funding partner may want bank statements and the quote before it reviews the request, and that partner may check credit as part of its own review.
Pizzerias, like other Wayne County, MI businesses, run under more than one structure. The 2020-2024 American Community Survey found 2.6% (±0.1) of employed county residents working in their own incorporated business and 5.0% (±0.2) in their own business that was not incorporated. Either kind can send a request; for an incorporated pizzeria a partner may also ask for its formation papers and the names of everyone who owns a share.
Steps to apply for a small business loan, walked through for a Livonia, MI phone repair shop's second location
- Call (734) 704-6913 or send the short form with the shop details.
- Talk through the second location's costs: repair benches, diagnostic tools and parts stock.
- Lakebridge Finance matches the request with funding partners whose programs fit those costs.
- A partner may ask for statements and the equipment quotes, then reviews them.
- Any offer arrives in writing, with its payment, term and total cost.
- The phone repair owner weighs any offers, puts questions to the partner and chooses whether to sign.
For a Livonia, MI phone repair shop adding a second location, the lease and any work on the new space stay outside this site; benches, tools and parts stock for the second counter are what a request can cover.
Each step is set out at more length on the how it works page, and questions on collateral and time in business are answered in the FAQ.
By Lakebridge Finance · Updated