Jul 25, 2021
One of the keys to getting your SBA 7a or 504 loan approved is to
write a detailed executive summary.
Your executive summary should include a simple and direct cover
letter. In it, describe who you are , your business background,
what your business does, and how the loan will help the business
succeed.
You should also include the following:
Executive Summary. Begin your proposal with a simple and direct
cover letter or executive summary. Clearly and briefly describe who
you are, your business background, the nature of your business or
start-up, and how the loan will be used to help the company
succeed.
Business Profile
Management Experience
Loan Request
Loan Repayment
Collateral
Personal Financial Statements
Business Financial Statements
Equity Investment
Projections
Other Items (if applicable)
Lease (or copies of proposal)
Franchise agreement
Purchase agreement
Articles of Incorporation
Partnership agreements
Copies of business licenses and registrations required for you to
conduct business
Copies of contracts you have with any third parties
If you'd like to meet with Beau to talk financing, book a
call here
( http://bookwithbeau.com/ )