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Checklist · 8 Pages · 47 Points

Fundability Readiness Checklist

The exact 47-point checklist our concierge team uses to evaluate business funding readiness before submitting any application.

LuxeNova Capital Concierge · Exclusive Client Resource
Your Fundability Score
0 of 47 items completed
0%
Needs Work

💡 Check each item as you complete it. Aim for 90%+ before submitting any funding application.

🏢 Business Entity & Legal Structure

0/7
Business is registered as an LLC, S-Corp, or C-Corp (not sole proprietorship)
Business name does not include owner's personal name
Articles of Organization or Incorporation are filed and current
Registered Agent is active and address is current
Business is in good standing with the Secretary of State
Operating Agreement or Corporate Bylaws are in place
Business has been operating for at least 2 years (preferred) or 6 months (minimum)

📋 EIN & Tax Compliance

0/5
EIN (Employer Identification Number) obtained from IRS
Business files taxes separately from personal taxes
No outstanding federal or state tax liens
Business tax returns filed for at least 1 year (2 years preferred)
Business is not delinquent on any tax obligations

📍 Business Address & Contact Information

0/6
Business has a physical address (not a P.O. Box or home address)
Address is consistent across all registrations and credit bureaus
Business is listed in 411 directory assistance
Business has a dedicated business phone number (not personal cell)
Business email uses company domain (not Gmail, Yahoo, etc.)
Business has a professional website with contact information

🏦 Business Banking

0/7
Dedicated business checking account is open and active
Business account has been open for at least 3 months
Average daily balance is $1,000+ (preferred: $5,000+)
No NSF (non-sufficient funds) or overdraft incidents in past 12 months
Business account is not co-mingled with personal funds
Business has a savings or reserve account
Business processes revenue through the business account (not personal)

📊 Business Credit Profile

0/7
D-U-N-S number is registered with Dun & Bradstreet
Paydex score is 80 or higher
Business has at least 3 active tradelines reporting
Experian Business profile is claimed and verified
Equifax Business profile is claimed and verified
No derogatory marks or collections on business credit reports
Business credit reports have been reviewed in the past 90 days

💰 Revenue & Financial Documentation

0/6
Business generates consistent monthly revenue
Business bank statements are available for the past 3–6 months
Profit & Loss statement is current (within 90 days)
Balance sheet is current (within 90 days)
Business has positive cash flow (revenue exceeds expenses)
Revenue is documented and verifiable (not cash-only)

👤 Personal Credit (For Guaranteed Loans)

0/5
Personal credit score is 680+ (700+ preferred)
No bankruptcies in the past 7 years
No foreclosures in the past 7 years
Personal debt-to-income ratio is below 43%
No recent late payments (past 12 months)

🏭 Industry & Business Type

0/4
Business is not in a restricted industry (adult, cannabis, gambling, etc.)
Business has a clear NAICS or SIC code classification
Business model is clearly defined and documented
Business has a website that reflects legitimate operations

Scoring Guide & Next Steps

90–100% (43–47 items)
Highly Fundable

You are ready to apply for business funding. Submit applications to Tier 1 lenders and SBA programs immediately.

70–89% (33–42 items)
Mostly Ready

Address the unchecked items in Banking and Business Credit sections first. Most gaps can be resolved in 30–60 days.

50–69% (24–32 items)
Partially Ready

Focus on Entity, Banking, and Credit Profile sections. Work with your LuxeNova concierge to create a 90-day readiness plan.

Below 50% (under 24 items)
Needs Significant Work

Start with business entity formation and banking setup. Do not apply for funding until you reach 70%+ — premature applications damage your credit profile.

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This document is confidential and intended for enrolled clients only. © 2026 LuxeNova Capital Concierge.