Browsing the Category: Loan Application

December 2nd, 2011 Loan Application

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.

We are here to assist you. Our loan proposals have a high likelihood of success because they’re created from the lender’s perspective.

You receive the financing you need because we know what banks want to see. Even more importantly, we know how to prove to them that you’ll be able to pay them back.

Our loan proposals come complete with…

•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.

•Pro-forma Cash Budgets and Financial Statements: We use your data and underlying assumptions to prepare information that your banker can easily read and understand.

•Owners Personal Financial Statements: We make 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: We help substantiate your financial needs/position to your banker in person.

 

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