Some simple questions that the bank will need answer to say yes.   1. Have your company been around for 2 yrs or more? 2. Do you have good credit? 3. Do you have very little other debts? 4. Does your company make money? 5. Does it have a history of making money?     If you answer yes, than turn in what you have and let the figure it out for you. 

CutCompCost offered very good advice. I would suggest you list items as they actually are. Then let the bank review them. Banks want to see two things - your ability to repay and your willingness to repay. Both require that you can service the loan's monthly payments and that you don't have an over-abundance of debt compared to your income - thus, if you have a down period - you would still be able to service the loan.

Besides having sound financial statements, you may want to calculate your debt service coverage ratio to determine whether you may qualify for a commercial loan. Use Calculatorplus.com's free online Commercial Loan Calculator to estimate your debt service coverage ratio.

I'm not sure what you mean by suspense list but if you are referring to an expense list then there are some basic things you need to do. The bank is going to look at your profit and loss statement and compare it to what was filed on your taxes. They will also look at your balance sheet to determine what your debts are. Now this is a double edged sword because obviously you want to claim as many deductions as possible to pay less taxes. The flip side of that is the bank will see it as the business being less profitable. They don't care if they were personal expenses that you deducted. They only care about the bottom line. The best thing you could do if you really need a loan is to show as much profit and as little debt as possible. One option would be to file your taxes without all of your deductions and ammend it at a later date. Only problem with that is you run the risk of an IRS audit.

CutCompCost offered very good advice. I would suggest you list items as they actually are. Then let the bank review them. Banks want to see two things - your ability to repay and your willingness to repay. Both require that you can service the loan's monthly payments and that you don't have an over-abundance of debt compared to your income - thus, if you have a down period - you would still be able to service the loan.

Besides having sound financial statements, you may want to calculate your debt service coverage ratio to determine whether you may qualify for a commercial loan. Use Calculatorplus.com's free online Commercial Loan Calculator to estimate your debt service coverage ratio.

Some simple questions that the bank will need answer to say yes.   1. Have your company been around for 2 yrs or more? 2. Do you have good credit? 3. Do you have very little other debts? 4. Does your company make money? 5. Does it have a history of making money?     If you answer yes, than turn in what you have and let the figure it out for you. 

I'm not sure what you mean by suspense list but if you are referring to an expense list then there are some basic things you need to do. The bank is going to look at your profit and loss statement and compare it to what was filed on your taxes. They will also look at your balance sheet to determine what your debts are. Now this is a double edged sword because obviously you want to claim as many deductions as possible to pay less taxes. The flip side of that is the bank will see it as the business being less profitable. They don't care if they were personal expenses that you deducted. They only care about the bottom line. The best thing you could do if you really need a loan is to show as much profit and as little debt as possible. One option would be to file your taxes without all of your deductions and ammend it at a later date. Only problem with that is you run the risk of an IRS audit.