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To determine your net worth on SBA Form 413, subtract your total liabilities from your total assets. The result is your net worth, which youll enter in the liabilities section of the form.
How To Create A Personal Finance Balance Sheet Gather Financial Documents. Getting all your financial documents ensures you have accurate information. Make Or Use A Free Personal Financial Statement Template. List Your Assets. List Your Liabilities. Categorize The Information And Add Up The Values. Determine Your Net Worth.
Form 770 is the financial statement of debtor that is used by SBA servicing centers for actions that require current financial information for a specific borrower or debtor.
A personal financial statement form (PFS form) details an individuals personal financial situation at a specific moment in time. Personal finances are distinct from business finances, and this is often the main document that shows lenders what a commercial borrowers personal situation is like.
Income Statement, Balance Sheet, and Cash Flow Statement Lenders want to see that your business is generating enough revenue and cash for you to realistically be able to repay a loan within the specified term.
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The SBA Form 413 is a financial disclosure form used by the U.S. Small Business Administration (SBA) to assess an individuals ability to repay a loan. The form requires detailed information about the individuals income, assets, liabilities, and other financial information.
A personal financial statement is a spreadsheet that details the assets and liabilities of an individual, couple, or business at a specific point in time. Typically, the spreadsheet consists of two columns, with assets listed on the left and liabilities on the right.

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