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Bank Loan Support: Secure Funding with Confidence

We help you navigate the complex loan process with expert preparation and personalized guidance. Get started with a 5 minute pre-assessment.

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Rated 5 / 5 on Google Reviews

Our Services Are Trusted by Canadian Businesses

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ABOUT our bank loan service

Securing a bank loan can be a daunting process, but you don’t have to do it alone. Tauro Accounting helps you prepare and present your financials, ensuring you meet lender requirements and maximize your chances of approval.

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Client satisfaction rate

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Compliance Rate

5 Star

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Our Bank Loan Process Includes

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Get Started Online
Our online form helps you started within 5 minutes, so you can get back to focusing on your business.
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Financial Projections
Provide lenders with detailed, realistic forecasts that can show forward-planning and servicing power.
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Expert, Dedicated Support
Get personalized guidance to help you at every step, answering any questions whenever you need.
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Liaison with Lenders
We'll act as your point of contact with lenders to streamline communication.
Save Time & Frustration
Save time and avoid frustration with expert guidance through the loan process.
Improve Chances of Success
Improve your chances of approval with professional, lender-ready documents.
Align Funding to Your Realistic Needs
Secure funding tailored to your business’s growth needs. Too much and it may be hard to service. Too little and you may not meet your goals.

Why Tauro Accounting's Loan Process Helps You

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ABOUT US

Over 10 Years of CPA-Certified Accounting Experience At Your Side

The best partnerships are based on trust, honesty, and clarity. Get to know us a little before our partnership begins.
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Frequently Asked Questions

What are the costs for associated with securing a bank loan?

For loans up to $100,000, the cost starts at $3,000, excluding the business plan, which can be provided for an additional fee. For loans exceeding $100,000, the business plan and all related services are included, with the fee increasing based on the loan amount and the complexity of the work.

What is included in the service fees?

Our comprehensive loan support packages typically include:
1. Business Plans: Provided for loans over $100,000 to strengthen your application.
2. Financial Statement Preparation: Ensures reliable, compliant documentation.
3. Projections: Offers detailed financial forecasts to demonstrate business viability.
4. Consulting: Tailored guidance for your specific loan requirements.
5. Communication With Banks: Acts as the primary liaison with financial institutions.
6. End-to-End Support: Covers the entire loan application process to secure optimal rates and terms.

How much personal funding is required?

Lenders typically require a loan-to-value (LTV) ratio of 10% to 30%, meaning you may need to contribute this percentage of the total loan amount. The exact amount varies based on the loan's purpose, the lending program, and the collateral provided.

Does my credit score matter, and how does it affect the interest rate?

Yes, your credit score is a key factor:
Why it matters: Lenders use it to assess the risk of lending to you.
High Credit Score: Qualifies for lower interest rates and better terms.
Low Credit Score: May result in higher interest rates or stricter conditions.

How can I lower my interest rate?

Consider these strategies:
1. Improve Your Credit Score: Reduce debt and maintain a low credit utilization ratio.
2. Offer Collateral: Secured loans typically come with lower rates.
3. Shop Around: Compare lenders to find the most competitive rates.
4. Present Strong Financials: Accurate statements and projections can improve your application’s strength, even with a lower credit score.

Even if your credit score is a challenge, strong collateral or financial documentation can help secure better loan terms.

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What our clients have to say

"There are not enough good things I can say about Tauro Accounting! Walla is absolutely fantastic! She is patient, knowledgeable, calm and kind. I highly recommend anyone use her for their accounting needs. Thanks Walla!"
"This was my first year working with Walla from Tauro Accounting. All I can say is that I wish I would have met her sooner! She is so thorough and detailed. She was also very patient with me when explaining what I need to do going forward. I highly recommend her services!"
"Tauro Accounting CPA Professional Corporation is very professional, customer oriented, responsive, and a pleasure to work with.  Walla is always available to solve any problem that arises.  She helps excel our business with her insights and suggestions.  I would recommend Tauro Accounting CPA Professional to everyone"
"Best accountant and accounting firm anyone could ask for. Walla went over and beyond to provide the service she promised and she truly delivered her promise. I'm glad I found the firm I will continue working with for as long as it's in business."
"When it comes to financial matters, having someone in your corner that allows you to ask the simple questions without judgement is the best. We would recommend Tauro Accounting without hesitating."