Asking for financing from a bank is always a complicated matter. It depends on the philosophy and objectives of the entity, the market situation, but above all on our accounting information.
Accounting generates information that is useful for understanding the economic and financial situation of any business, whether large or small. That is why phone number in ukraine one of the keys to requesting financing is to analyze our accounting information from the bank's point of view, that is, the balance sheet and the income statement . Because at the end of the day, the accounting information provided by the company indicates the financial health of the business and establishes whether you have the capacity to pay back the capital plus interest in the case of requesting a loan.
However, any bank knows that sometimes accounting information is not always reliable, so they usually compare it with documents external to the company. One of them is the CIRBE , which shows your direct risks (loans, credits, etc.) and indirect risks (guarantees that you give to third parties), according to the information provided by the financial system to the Bank of Spain, and based on these controls and the history of the company with the bank, in the case that it is already a client, they will analyze the accounting information in greater or lesser depth with the objective of knowing the payment capacity based on the cash generation that the business has. To do this, the bank analyzes:
The balance sheet: the accounting document that shows a snapshot of the company's assets, investments (what it has) and financing (what it owes) at a specific date, however the bank analyst will only pay attention to certain items on the balance sheet.