Services/Loan Readiness
Financing Preparation · 406 Consulting Group

Get Your Business Lender-Ready

Most loan applications fail not because the business isn't viable — but because the financials aren't presented the way lenders think. We fix that. Carrie spent years on the lender side — reviewing spreads, analyzing credits, and structuring SBA participation loans. She knows exactly what underwriters are looking for, because she used to be one. We've helped businesses across the Mountain West improve their DSCR, clean up their books, and walk into lender meetings with confidence.

Already been turned down by a bank?A rejection isn't the end — it's a diagnosis. Lenders decline applications for specific, fixable reasons: DSCR below threshold, inconsistent financials, missing documentation, or a weak business narrative. We've helped clients who were initially declined come back with a clean package and get funded. If you've been turned down, that conversation is exactly where we start.

This is structured preparation work — not general financial advice. You leave with lender-ready financials, a clear DSCR picture, and a package built the way underwriters actually evaluate it.

DSCR ≥ 1.25
Conventional Bank
DSCR ≥ 1.15
SBA 7(a) / 504
DTI ≤ 45%
FHA / Conforming
DTI ≤ 36%
Conventional Preferred
Why Deals Fall Apart

The Numbers Are Fine.
The Presentation Isn't.

A lender's underwriter doesn't see your business the way you do. They see a DSCR ratio, a debt schedule, and a set of financial statements. If those documents are inconsistent, incomplete, or formatted in a way that raises questions — the deal slows down or dies.

For self-employed borrowers, the problem is compounded. Your tax returns show the lowest possible income (because that's what your CPA optimized for), but lenders use tax return income to qualify you. The same strategy that saved you $40,000 in taxes may have cost you the loan.

We bridge that gap. We know what lenders want to see, how to present your financials in the strongest possible light within the rules, and how to structure the deal so it clears underwriting the first time.

DSCR below 1.25
NOI optimization + expense restructuring
Inconsistent financials
Clean, lender-formatted statements
Self-employed income documentation
Schedule C / K-1 analysis + add-backs
No financial narrative
Business summary + deal memo preparation
Wrong lender for the deal
Lender matching based on deal type and size
Balloon coming due
Refinance preparation + covenant compliance

Why We're Different

We've Reviewed Commercial Loans from the Lender's Side

Our principal has served as a contracted commercial loan analyst for a Montana community bank for over 10 years — spreading financials, building loan packages, and providing recommendations the bank president relies on. She has analyzed and packaged 300+ commercial loans and supports the bank through FDIC examinations and regulatory reviews.

Our principal has reviewed commercial loan packages from the lender's side. We know what gets approved because we've been the ones doing the analysis. When we prepare your loan package, we're not guessing at what the bank wants — we know.

What We Do

Loan Readiness Services

Every engagement is scoped to your specific situation — whether you're 6 months out from a loan application or sitting across from a banker next week.

DSCR Improvement Planning

We analyze your current NOI, identify operating expense leaks, and model specific scenarios that move your DSCR above the 1.25x conventional threshold — or the 1.15x SBA floor. Every point of improvement is mapped to a concrete action.

Lender-Ready Financial Package

Banks and SBA lenders want clean, consistent financials — not a shoebox of receipts. We prepare your P&L, balance sheet, and cash flow statements in the format lenders actually use for underwriting, reducing back-and-forth and accelerating approval.

Commercial Loan Structuring

We help you understand the trade-offs between loan amount, down payment, amortization period, and balloon terms before you sit across from a banker. Knowing your numbers cold changes the dynamic of every lender conversation.

Residential & Owner-Occupied Financing

For business owners pursuing residential or owner-occupied commercial real estate, we prepare the self-employed income documentation lenders require — including two-year averages, add-backs, and Schedule C / K-1 analysis — to maximize your qualifying income.

Lender Relationship Navigation

We've worked with conventional banks, community lenders, SBA 7(a) and 504 programs, USDA business loans, and credit unions across Montana, Idaho, Wyoming, and the Mountain West. We know which lenders are active, what they're looking for, and how to position your deal.

Post-Approval Financial Infrastructure

Getting funded is the beginning, not the end. We set up the reporting systems, covenant tracking, and cash flow monitoring that keep you in compliance with loan covenants and positioned to refinance on favorable terms when the balloon comes due.

How It Works

From Where You Are to Funded

01

Baseline Assessment

We run your current financials through the same DSCR and DTI analysis lenders use. You see exactly where you stand — and exactly what needs to move.

02

Gap Analysis & Action Plan

We identify the specific levers — expense reduction, revenue recognition, debt restructuring, or timing — that close the gap between your current position and lender thresholds.

03

Financial Package Preparation

We prepare and organize every document a lender will request: clean financial statements, tax return summaries, debt schedules, rent rolls (if applicable), and a business narrative that tells your story.

04

Lender Introduction & Support

We help you identify the right lender for your deal type, prepare you for the underwriting conversation, and stay available to answer lender questions throughout the process.

Lender Benchmarks

Know the Thresholds Before You Apply

Different loan programs have different qualification standards. Understanding which program fits your situation — and what your numbers need to look like — is the first step.

Loan ProgramKey ThresholdNotes
SBA 7(a)DSCR ≥ 1.25Up to $5M. Most flexible use of proceeds. Requires personal guarantee.
SBA 504DSCR ≥ 1.15–1.25Fixed assets and real estate. Lower down payment. Two-lender structure.
Conventional CommercialDSCR ≥ 1.25Faster than SBA. Shorter terms, higher rates. Strong borrower profile required.
USDA Business & IndustryDSCR ≥ 1.25Rural businesses. Competitive rates. Geographic restrictions apply.
Community Bank / Credit UnionDSCR ≥ 1.15Relationship-driven. More flexibility on structure. Slower process.
FHA / Conforming ResidentialDTI ≤ 45%Owner-occupied residential. Self-employed income documentation critical.

Thresholds are general guidelines. Actual requirements vary by lender, deal size, collateral, and borrower profile. Consult a qualified advisor before making financing decisions.

Not sure where you stand?

Use our free Loan Qualification Calculator to check your DSCR against commercial lender benchmarks, or your DTI against FHA and conforming loan standards — before you talk to a bank.

Real Result

When the First CPA's Forecasts Failed, We Got the Loan.

A five-location auto body group needed a $7 million SBA loan to restructure debt across multiple entities. Their existing CPA had already tried — and the bank rejected the forecasts as not meeting SBA underwriting standards.

Carrie rebuilt the books from scratch, produced bank-grade multi-entity projections, and assembled the complete lender package. The loan closed. The group is now saving $20,000 per month in debt service.

$7M
SBA Loan Secured
$20K
Monthly Savings
5
Locations

“The bank had already rejected our CPA's forecasts. 406 rebuilt everything from scratch — the books, the projections, the whole package. The loan closed and we're saving $20,000 a month.”

Multi-Location Auto Body Group

Ready to Get Funded?

Let's Look at Your Numbers Together

A 30-minute conversation is usually enough to tell you where you stand and what needs to change. We've helped businesses across Montana, Idaho, Wyoming, and the Mountain West get funded — and we know what lenders in this region are looking for.