WRITING A BUSINESS LOAN PROPOSAL THAT WILL GET APPROVAL
The business loan proposal is simply your opportunity to convey your passion for and knowledge of your business to the lender. The elements of the business loan proposal include the numbers mentioned in cash flow reports, revenue projections, balance sheets, personal and business credit histories, P&L statements, bank statements, tax filings, and many other numbers we will discuss.
A strong business loan proposal will also show that your business is currently maintaining good financial standing and offer a reason you think lending you money will be a good risk for the future.