Get Your Loan Approved With Our Business Plans

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If you are looking for bank finance, our advisors at Business Plan Writers are here to assist. You can reach out to our team in Brisbane, Sydney, Melbourne, Gold Coast, Sunshine Coast and Perth.

It is important to know how write a business plan that will be considered by lenders. They’ll check your credit history and score as well as assets, but they also require an explanation of what type of company or industry the investment involves.

You need to know how write a business plan for the bank because they want your idea will be sustainable and viable. To assess its viability, banks look at all aspects including financial statements sales strategies; you also have an overall good projection of profits if any in past years if your company has been trading.

In order to get a loan, you need the lender’s assurance that your business will be successful and profitable. Your demographic information is used in this assessment – they want what it takes not just show up on paper or in an interview but prove out their assumptions by showing trends over time, which can include a three-year financial forecast.

Writing a business plan for your loan is beneficial because it helps you to be more confident in the future of your company, and also gives an idea about where they stand financially. A well-executed document can serve as guidance when making decisions based off past performance or forecasts about what might happen next year if certain strategies were implemented today.

Below is an outline of the business plan contents required to secure your finance:

Executive Summary

In your executive summary you will summarise the problem, the solution and your financial forecasting and the required funding.

Company Overview

This section should include your vision, mission, core values, management, advisors, and experience that is compiled into an organisational chart.

Market & Industry Analysis

Here you will provide insights into your target market, current demand from your consumer, trends, key success factors of a business and key data that will back your growth.

Product or Service

Now you provide information about your business model. What are you selling and how much? Who are you selling to?

Marketing Plan

The marketing section will include the following:

  • Marketing techniques
  • Description of marketing services
  • Marketing budget
  • Breakdown of the budget for each service
  • Overall growth strategy with potential return on investment

Without a marketing plan, your brand, product or service will not be visible to your potential customers.

Financial Analysis

This section is key for lenders. You will need to provide a three-year forecast of your income, expenses and profit.

Some key data that will help develop the forecast includes:

  • Cash flow statements
  • Balance sheets
  • Income statements
  • Capital expenditure budgets
  • Profit and loss statements

Funding Request

Here you provide a clear breakdown of the required funds. You need to speak about each expense, why it is needed and how it will benefit the growth of your company.

Get in touch with our advisors and Contact Us today to secure your finance.

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