Impress Your Bank Manager
It’s a fact – sometimes businesses need investment or to borrow cash.
More and more frequently your bank manager will require a business plan to support the lending application. In fact one of the main criteria from the recent European Funding Guarantee schemes (formerly SFLGS) was an in depth business plan incorporating a detailed profit and loss matrix.
So what are they looking for?
- Credibility
- Re-assurance of repayment
- A logical thought process
- Full risk consideration
- A focused and time-bound outcome
- Good set of strategies to achieve that outcome
- Good organisation within the business to support the strategy delivery.
A complete Impackta plan will ensure that your bank manager is fully convinced that your business is well thought through and fantastically organised.
Of course if you need help then we have consultants with a pedigree in commercial banking and finance on hand to help.
