Main

Why use Adjuvancy?

What we offer

Why choose us?

Who are our clients?

Services        Startups                Established entities    Accounting/Bookkeeping

Monthly Fees

Product/Process Development

Representative Client Types

Contact Information

Have a Quick Question?  Want to Speak to us RIGHT now?

Recommended Books

Papers and Monographs

Cerebrations blog(Roy A. Ackerman's blog)

2015 Tax Season

Filing Requirements

Standard Deductions

2015 Tax Rates

2016 Business/Employer Tax Calendar

2016 Personal Tax Calendar

Tax Fraud/Identity Theft

Death. Taxes.  Planning.

The Adjuvancy, LLC

Corporate Headquarters

Post Office  Box 25766

Alexandria, Virginia 22313

703.548.1343

A real networking and business development experience.

Loan Proposal:

The approval of a loan request depends on how well you present yourself, your business and your financial needs to a lender.A loan proposal should contain these elements:

Summary

This should be clear, concise, accurate and inviting. You want to summarize how the proposed loan will be used, how it will be repaid and how it will benefit your business.

Senior Management Profiles

You will need resumes as well as a summary of experience, qualifications and credentials for all owners and key members of your management team.

Business Explanation

Include a brief overview of the history of your business, plus a summary of current activities. Make sure you demonstrate that you understand your markets and industry (current trends and risks). Include literature showing your products or services. It's helpful to include letters from suppliers, customers and other business references.

Financial Projections & Financial Statements
Include projected income statements and cash-flow statements for two to three years. Your assumptions should be clearly stated and realistic.  It may be necessary to include a personal financial statement, as well.

Purpose for the Proceeds

Present a detailed statement of how you will use the loan proceeds. Don't forget to include the proceeds of the loan in your cash-flow projections (and the interest in your projected income statement).

Loan Request

Remember that you are offering the bank a deal that will make them money - you are not asking for an "allowance." The attitude you should take is to ask, "How much money do I need, and how much will they lend?" and not, "Will they lend it?"

 
Repayment Process
You will have to make some assumptions about the terms of the loan in your proposal. The bank will consider a number of factors as it assesses the risk of the loan. This will impact the repayment terms it's willing to give you.

Copyright © 2016 The Adjuvancy, LLC
Last modified: October 27, 2016