Three answers for any request, a one-page summary worked for a restaurant, a records table and the calculator page.
The answers to write down for a Newark, DE request: the cost, the amount and the repayment source
- What the money pays for: a named machine, a stock order, payroll for a set number of weeks or a bill with a due date
- Roughly how much, as a range, and whether the cost comes once or repeats
- When the cost falls due, and when the revenue tied to it is expected to arrive
- Where repayment comes from: card sales, client invoices, insurer payments or contract fees
- Monthly amounts already going out on loans, leases or advances
- Who at the business takes the call back, and the hours that person can take a call
Those answers fit on one page, and they are what a call to (302) 532-4470 can start with.
A one-page funding summary for a New Castle County, DE quick-service restaurant adding a breakfast shift
Illustration only, nothing here is a real business. A limited-service restaurant that adds a breakfast shift needs a second espresso grinder and wages for the added morning staff, paid before the breakfast sales come in. Its summary page might read:
- The cost: the grinder, on a dealer quote, and morning-shift wages for the first weeks
- The products to ask about: equipment financing for the grinder, a working capital loan or a line of credit for the wages
- The timing: the grinder is paid on delivery, wages every two weeks from the first morning shift
- The repayment source: card sales from the added hours, tracked separately in the register reports
- What is already owed: any existing equipment lease or advance, with its monthly amount
Records a funding partner may ask for once a request is open
The short request form records contact details and ranges only. A partner reviewing a request may then ask for some of these records:
| Record | What it shows | When it may come up |
|---|---|---|
| Recent business bank statements | Deposits, balances and existing payments | Any type of request |
| The latest business tax return | Revenue and profit as filed | Any type of request |
| A year-to-date profit and loss statement | How the current year is running | Requests for larger amounts |
| A dealer quote or supplier invoice | The item, the price and the seller | Equipment and stock requests |
| Every loan, lease and advance the business is still paying on | What is already being paid or collected each period | Any type of request |
| Signed client contracts or statements of work | Revenue that is booked but not yet billed | Firms paid on client invoices |
The liquidity ratio calculator page: ratios by hand, payments by calculator
The liquidity ratio calculator page works the cash, current and acid-test ratios by hand on invented balance sheets for a law office, a child care center and a limited-service restaurant. Its calculator asks for Amount, Rate (annual %) and Term (months), then shows an estimated monthly payment with the total interest and total repaid beside it. The ratio figures on that page are worked in the text, not produced by the calculator.
Zoning, permits and city licenses: the City of Newark, DE website
Questions about zoning, building permits or a city business license go to the City of Newark, DE, whose official website is newarkde.gov. Truecrest handles funding requests only and does not answer for city rules, fees or dates.
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