Many startups need to borrow or raise money at some point. Some investors will want more information than others but even if you only need to provide high level data, a financial model is a good idea.
A financial model will really help explain the workings of your business model in sufficient detail to let investors make a determination of value. It also lets you calculate how much funding you actually need.
Interested in creating a financial model for your startup,? We'd love to help.