Map your income
List your businesses, ownership interests and the ways you receive income. Note whether the business is seasonal or has recently changed.
Separate the records
Organize business and personal records so transfers and expenses can be explained. Ask which statement period and supporting documents the specific program requires.
Coordinate with your accountant
Your accountant can clarify how the business earns and spends while IIMBC explains how the lender evaluates those records. Together, deposits, transfers and expenses can become a clear, well-supported income picture.
Explore in IIMBC Knowledge: Your financing starting point