Proof of Funds to access Financials when still at the exploration stage

searcher profile

January 28, 2025

by a searcher from Northwestern University - Kellogg School of Management in San Francisco, CA, USA

I've been exploring opportunities in senior living, and have been asked for proof of funds from a potential target before I can review their financials

How, if at all, have any of you dealt with this issue when faced with this request?

I'm exploring multiple funding options (SBA, Family office etc) but have not yet pulled the trigger on pre-approval for a loan, but don't really want to provide personal financials at this stage...

Would love your perspectives!

Thanks in advance!

1
13
203
Replies
13
commentor profile
Reply by a lender
from Eastern Illinois University in 900 E Diehl Rd, Naperville, IL 60563, USA
We would be happy to assist you with getting a pre-approval letter done. You can reach me here or directly at redacted
commentor profile
Reply by a professional
from University of Southern California in North Palm Beach, FL, USA
See my SF post of July 16, 2025 for practical details: "Proof of funds" avoidable mistakes
commentor profile
+11 more replies.
Join the discussion