Bank Loan Applications
We specialise in Bank Loans, MicroFinance, SBCI Covid Loans and other financial institutions. We also help in Application process..
Preparing an effective, well-documented commercial loan proposal is the first step toward getting the money your business needs from a bank.
The key part of proposals for small business loans is the business plan. We cover everything from sales projections, trading accounts, and cash flow forecasts. All details are clearly defined and identifiable, indicating the long-term financial position of your business. We help to set up an extensive report guaranteeing it covers all the vital segments, for example, Leader synopsis—This gives a brief review of the business. It quickly portrays your organization, its industry and its upper hand. It additionally portray the business need or undertaking that requires financing, just as the measure of cash required.
We help to prepare a comprehensive document ensuring it covers all the necessary sections such as
This provides a concise overview of the business. It briefly describes your company, its industry and its competitive advantage. It also describe the business need or project that requires financing, as well as the amount of money needed.
Description of the company
In the main part of business plan, we fully describe the history, current operations and strategy of your business.
Management team experience
Show the skills, experience and qualifications of each member of the management team. Banks need to know they have what it takes to make your project work.
Key financial data
- This section shows the financial strength of your business. We provide financial statements as well as forecasts for the next 3 to 5 years. This information is examined closely in an effort to understand your track record and capacity to repay the loan.
This answers to key questions: Is there a proven market for your product or service? Who are your competitors and what are their strengths and weaknesses? What is your client profile? What is your key competitive advantage?
he bank wants to know if you have the operational capacity to handle your projected sales.