Capital Readiness Guide
A practical framework for organizing the business, financial and transaction information typically needed before pursuing financing.
What Does Capital Readiness Mean?
Capital readiness means having your objective, numbers and supporting information organized before you approach a funding source. A prepared request can help CMCC and funding providers evaluate it more accurately and avoid avoidable delays.
Define the Objective
Amount, use of proceeds, timing and expected business impact.
Know the Numbers
Revenue, cash flow, existing debt and repayment capacity.
Know the Story
Explain what changed, why the capital is needed and how the business benefits.
Prepare the File
Organize non-sensitive summary information before the first conversation.
A Simple Readiness Checklist
Use this list to organize non-sensitive summary information before the first conversation. Keep sensitive documents until CMCC provides secure instructions.
- Objective: amount, use of proceeds and timing
- Repayment source: how the business or property will repay the financing
- Financial snapshot: revenue, expenses, cash flow and existing debt
- Collateral and ownership: what secures the request and who owns the business
- The story: what changed, why the capital is needed and how it helps
- A document index: know what exists and where, without sending it through the website
Common Readiness Mistakes
- Requesting capital without a defined use of proceeds
- Not knowing current debt payments and obligations
- Mixing personal and business finances in the records
- Shopping the same request to many sources without a clear structure
Capital Readiness FAQs
What should I prepare before contacting CMCC?
A short summary of the objective, approximate amount, business or property type, timing and any obstacle. The Capital Readiness tool can help frame it.
Do I need to send documents to start?
No. The initial review uses non-sensitive information only. CMCC provides secure instructions if the request advances.
Does being capital ready guarantee approval?
No. Approval is decided by the funding source. Preparation helps the request be evaluated accurately.
Have a real scenario?
Use the guide to organize the question, then let CMCC review the facts.
Related CMCC Tools & Financing Paths
Use the resource to understand the issue, then move to the relevant calculator, financing path or application when the scenario is ready.