Rules for preparing a loan business plan

When it comes to providing a bank loan, a business plan for obtaining a loan is drawn up taking into account the benefits or guarantees for the lender. To do this, it is important to register in one of the sections of the plan the property acting as collateral for the loan. It is important to understand that the loan will be received only with a logical justification of the prospects and profitability of the planned business.

General guidelines for drawing up a business plan

Risk assessment and payback calculation

Points to watch out for

Necessity of obtaining permits and licenses

Business plan for an employment center

Overview of banks providing loans against a credit business plan

A package of documents for obtaining a loan

General guidelines for drawing up a business plan

A business plan for obtaining a loan provides a clear assessment of the start-up and ongoing costs associated with the implementation of a business idea. Therefore, it is important to present it as attractively and accurately as possible.

Therefore, we highlight the following recommendations of specialists for its preparation:

  • It is better to seek professional help. This will help avoid accidental mistakes. The cost of drawing up a credit business plan in Russia ranges from $ 500-3000, depending on the economic zoning.
  • Collect the maximum amount of information for market analysis. Pay special attention to distribution channels and competitive advantages.
  • Read the terms of the banks in advance. This will help you avoid unnecessary work on redoing your paper project to meet the requirements of the lender.

Document structure

Rules for preparing a loan business plan

Here you will find information about the specifics of developing a business plan for a loan, STOP factors, the main mistakes that developers of business plans make. We also provided information on the cost, price and timing of the production of a business plan for the bank. Below you will find examples of business plans for obtaining a loan, on which positive decisions were made.

Features of a business plan for obtaining a loan

Questions to be answered in a business plan for a loan:

In the Business Plan, for obtaining a loan - the main thing is cash flow - you need it to exceed the loan service payments by about 1.2–1.5 times - this is such an unspoken rule. You also need to conduct a full analysis of STOP factors and risks - the bank's analysts will look at this.

Each figure given in the business plan must be confirmed either by marketing research or by real contracts, agreements and estimates.

Any bank has access to the database of statistical and commercial information. If the project justification is not professional or contains errors, the bank will find out and stop working with the project initiators.

The main tasks that the business plan solves

It should be borne in mind that banks always focus on cash flow. Assets and accounting profit are numbers that can be manipulated. In addition, the bank is interested in the economic efficiency of the project and the payback period.

This information must be contained in the document in order for the initiator of the project to be able to get a loan against the business plan.

The main task of the business plan is to show that the project has enough cash flow to cover the loan payments by about 1.5 times.

  • Provide evidence that the risk of loan default is minimal or virtually nonexistent.
  • Show that the experience and professionalism of the leaders or initiators of the project is sufficient for its successful implementation.
  • Explain that the incoming cash flows will be stable and sufficient to service the loan.
  • Check the business plan for stop factors and critical errors.

Stop Factors

Recommendations for drawing up a business plan for submission to the lender and an overview of the required documents. Comparison of conditions in various banks in Russia. Instructions for drawing up a loan plan for an employment center.

In the article, we have collected expert recommendations on drawing up a business plan for obtaining a bank loan for business development and starting from scratch. Also in the article there are 5 examples of business plans.

What is a business plan

To get a bank loan for the needs of a company, you need to draw up a competent and economically sound project on paper.

A business plan for obtaining a loan is a type of document in which all possibilities to start or expand your business are analyzed and described.

In the plan, you should describe how you intend to use the funds received.

Differences from a regular business plan

There are a number of differences:

  • In a business plan for a loan, you justify your need for financing in a specific time period;
  • you need to prove that borrowed funds are needed specifically for business development; <
  • the developed document must confirm that its owner is solvent and will be able to make payments on the loan in due time.

The plan should demonstrate to the bank's specialists that it is safe to lend money to you. For this, it will be analyzed and evaluated.

When a business plan is needed by a lending institution

The document will be requested from the credit institution if:

In the article, we have collected expert recommendations on drawing up a business plan for obtaining a bank loan for business development and starting from scratch. Also in the article there are 5 examples of business plans.

What is a business plan

To get a bank loan for the needs of a company, you need to draw up a competent and economically sound project on paper.

A business plan for obtaining a loan is a type of document in which all opportunities to start or expand your business are analyzed and described.

In the plan, you should describe how you intend to use the funds received.

Differences from a regular business plan

There are a number of differences:

  • In a business plan for a loan, you justify your need for financing, in a specific time period;
  • you need to prove that borrowed funds are needed specifically for business development;
  • the developed document must confirm that its owner is solvent and will be able to make payments on the loan in due time.

The plan should demonstrate to the bank's specialists that it is safe to lend money to you. For this, it will be analyzed and evaluated.

When a business plan is needed by a lending institution

The document will be requested from the credit institution if:

  • you are an individual entrepreneur;
  • loan funds are needed for a substantial period (more than 3 years);
  • there is no sufficient collateral ;
  • the company has been operating for less than six months;
  • you are applying for preferential credit terms.

Want to start your own small business, but don't have enough money? A great option is to attract third-party funding sources. For example, you can get loans from a banking institution. To do this, you will need a business plan for obtaining a loan. Consider the features of the preparation of this document.

Content of the article:

How to draw up a loan plan?

Before drawing up the document, you need to consider all possible external sources of business financing. After that, we analyze the market and draw up a document.

Find out where to find money to start a business Finding money to start a business Attracting investment Obtaining a grantSubsidizing small businesses Obtaining a loan Acquisition of equipment on lease

Differences between credit and other business plans

The Bank conducts an independent assessment of the financial solvency of the borrower. To apply for a loan, a package of documents is prepared and checks are carried out. The bank studies those aspects of the document that directly affect the solvency and determine the level of liquidity of the enterprise (deposit of collateral, availability of a guarantor, clean credit history).

Content of the business plan

Describes the goals of entrepreneurship, a brief description, relevance, organizational and financial schemes, technical and economic aspects of the project. The required investment amount, sources of financing and business payback are indicated.

  • Legal status.

This section contains the name of the company, legal address, date and number of state registration. Registration of an individual entrepreneur and registration of an LLC is possible. The structure of management bodies, form of ownership, share of authorized capital, subsidiaries and holding companies are also determined. The organizational and legal form and the possibility of changing it, addresses and contact numbers of the founders are indicated.

3. Characteristics of the company.

The subsection describes the affiliation of the enterprise to a particular branch of the economy, the history of the development of entrepreneurship and the period of work in this industry. The reputation of the company, the property status of the founders, the availability of a land plot, production areas, warehouses, transport infrastructure, etc. are indicated. The information depends on the industry sector of the enterprise.

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