The Lending Proposal


The secret to getting business finance approval is a strong lending proposal. This will give a lender everything they need to make a considered decision.

Introduction to the Lending Proposal

Posted by PC on 20 Feb 2015
lending-case

Business loan applications are quite a bit more complicated than the average personal credit or loan product. There are numerous factors that a lender needs to consider before they make the decision to approve a business loan, and the information you need to supply is very different to a personal application.

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The Loan Purpose

Posted by PC on 25 Feb 2015
loan-purpose

Potential lenders will want to know what the underlying reasons are for borrowing the funds – not just how the funds will be used. They want you to clarify how the funds will help you to achieve your business goals.

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The Business History

Posted by PC on 28 Feb 2015
business-history

The past is often a good indicator of the future. Lenders will want to know about your business history, as it will give them insight into where your business is headed.

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The Management Team

Posted by PC on 02 Mar 2015
management-team

Lenders will want to see that you have a competent and skilled management team in place, and that you have systems to keep your business on track, and growing.

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Sales, Revenue and Business Model

Posted by PC on 11 Mar 2015
sales

In a nutshell, your sales or business model is the way your company makes money.

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Financial Situation

Posted by PC on 11 Mar 2015
reports

There are certain things you can’t do if you’re not in good shape. You won’t be jumping out of planes, or off bridges, or climbing mountains. The riskier it gets, the less likely you’ll be allowed to do it.

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Current and Proposed Debt

Posted by PC on 11 Mar 2015
debts

Before a lender gives you a new loan, they’re going to want to know about all current debts you have (including personal debt in some instances). Provide a list of all current debts, including products like mortgages, credit cards, personal or car loans and lines of credit.

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Formal Application

Posted by PC on 11 Mar 2015
application

Once all of the elements of your loan proposal are ready, we’ll be able to put together a compelling loan application and submit it for review.

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Disclaimer: The information published in this section is of a general nature only and does not consider your personal objectives, financial situation or particular needs. Where indicated, third parties have written and supplied the content. We make no warranty as to the accuracy, completeness or reliability of the information, nor do we accept any liability or responsibility arising in any way from omissions or errors contained in the content. We strongly recommend that you obtain independent advice before you act on the content.

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