Assess the actual borrowing terms, security and source and path. Enterprise-secured debt is not qualifying capital.
Do not merge different funding sources
A bridge loan and completed sale proceeds have different records and obligations.
Track investment capital and ongoing operating costs apart from government filing fees, legal fees, and family-related expenses, and confirm current official fees rather than relying on estimates from a different filing. The total cost of establishing the enterprise typically includes the initial fee, premises and build-out, equipment, opening inventory, training, and the working capital needed to trade until the business is established. Substantiality is measured against the actual cost of the specific business, and there is no fixed dollar figure that substitutes for that analysis; distinguish money still under discussion from money committed under signed terms and from amounts already spent.
The relevant investment is evaluated in proportion to the actual undertaking; a large number is not automatically persuasive, and there is no single universal amount. Ask for an itemized scope covering revised documents, family assistance and later questions, and agree on what happens if the review shows the new plan needs more capital than expected.