You need money to grow your business. Before you approach a financial institution for a loan, let BAS prepare a winning loan proposal for you! Our assistance will increase the likelihood of success with the lending institution.
The key components of a favorable loan proposal include:
- Concise summary of the purpose of the loan, exact amount of money required, and an explanation of what the loan will be used for and why it’s needed
- Pro-forma cash budgets and financial statements using your data and underlying assumptions
- Owner’s personal financial statements and copies of personal tax returns.
- Representation by BAS to your banker to help substantiate your financial needs