Jump to content
  • 0
Sign in to follow this  
James Lavud

What do I need to do to get a loan to start a small business?

Question

1 answer to this question

Recommended Posts

  • 0

Initially, the lender will ask three questions:

When you apply for a loan, you will be asked to provide projected financial statements along with a cohesive, clear business plan which supplies the name of the firm, location, production facilities, legal structure, marketing and sales goals, financial analyses and operating plan. A clear description of your experience and management capabilities, as well as the expertise of other key personnel, will also be needed.

  1. How will you use the loan proceeds?
  2. How much do you need to borrow?
  3. How will you repay the loan?

Share this post


Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Sign in

Already have an account? Sign in here.

Sign In Now
Sign in to follow this  

Loyverse Point of Sale

 

 

 

 

×
×
  • Create New...