Need money to grow your business?
Requesting a business loan without adequate preparation sends a clear message to the lender: High Risk!
Therefore, it pays to be prepared and organized in your approach for financing.
Put your best foot forward by allowing me to prepare a winning loan proposal for you. You get the money you need because the bank gets the information that they need to see in a timely manner.
A standard loan proposal includes...
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Executive Summary: Where we concisely state the purpose of the loan, the exact amount of money required, an explanation of what the loan will be used for and why it's needed.
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Pro-forma Cash Budgets and Financial Statements: Based on your data and underlying assumptions to prepare information that your banker can easily read and buy in to.
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Owners Personal Financial Statements: Provide copies of the last 3 years of
personal tax returns for the bank as well as identify the collateral being pledged as security for the
loan.
- Representation: Work with your banker to provide relevant information and answer any questions.
Bank Financing