Business plan for a bank loan

If you are a start-up or an established business looking for a bank loan, you will need a business plan for your application. Writing a business plan can be more than just drafting your business details on a document. The scope of work of your bank loan business plan depends on the lender you are planning to work with. A formal bank loan business plan must have the following components at the minimum:

  • Executive Summary
  • Business Overview
  • Product/Service details
  • Market Analysis
  • Marketing Plan
  • Competitor Analysis
  • Management Overview
  • Financial Projections

I have worked with numerous clients who have applied for a  loan to various banks across Canada. During our discovery meeting/call,  I would be happy to customize the scope of work for your unique business plan needs.  Here is the complete scope of work of a comprehensive business plan.