for Banks, Grants & Others
for Business Loans
Many of the most successful businesses are financed by banks, which can provide small to moderate amounts of capital at market costs.
They don’t want control, at least beyond the control exerted in the covenants of a loan document. A banker’s first concern is getting the bank’s money back plus a reasonable return. To increase their odds, bankers look for certain things, including everything from a solid explanation of why you need the money and what you’re going to use it for to details about other borrowing or leasing deals you’ve entered. A banker may not be interested in your rosy projections of future growth. On the other hand, a banker is likely to be quite interested in seeing a contingency plan that will let you pay back the loan, even in the event of a worst-case scenario. Probitty’s funding business plan differs from the others by its focus on the key financial aspects. The financial projections addressed by Probitty are practical and not imaginary. Reach us out and get our expert assistance on a realistic business plan for your much needed loans to support your business.