born2win413: How do I write a loan proposal for the bank to obtain a loan to open up a coffee shop?
My friend is paying me to write her a loan proposal to the bank so that she can get the loan to open up her coffee shop. I need help on where to begin or can someone point me to a sample copy? Thanks.
Answers and Views:
Answer by Brother OtterFirst, do yourself a favor and delete all the online loan SPAM you’re going to get as answers.
Second, tell your friend to head on down to the local Small Business Administration office. While it’s nice that she’s willing to pay you for this work, advisors at the SBA offer this kind of advice free. They have a lot of resources for securing business development funding, as well as offering help getting loans.
https://www.SBA.gov
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