When looking to secure funding for your business, you may turn to the Small Business Administration or a Bank for a loan. This process requires that you demonstrate that your business has the potential to succeed, so that you have the capability of repaying the loan as agreed.

Since most loans are paid off over the course of many years, longevity and sustainability are the key factors in an SBA or Bank Loan. With a business plan specifically created for SBA or Bank loans, you can provide your lending party with a realistic timetable, long term financial projections, managerial backgrounds and feasibility data that will help support your application, and propel it towards loan approval.

These types of business plans aim to demonstrate that you have thought out all the specifics of your venture, that you have assessed the risks and determined the strategies you need to implement to avoid them.

As there are no one-size-fits-all business plan solutions for these application, at Joorney, we create SBA and Bank loan business plans that are specifically geared to their receptive audience, tailored to your business specifics.