SBA/Bank Compliant
An exit strategy is a contingency plan that is executed by an investor, venture capitalist or business owner to liquidate a position in a financial asset or dispose of tangible business assets once certain predetermined criteria for either has been met or exceeded.
An exit strategy may be executed for the purpose of exiting a non-performing investment or closing a business that is not generating profits. In this case, the purpose of the exit strategy is to limit losses.
When a small business applies for a loan, the lender will review the loan and decide if it requires additional support in the form of an SBA guaranty. The lender will then contact SBA regarding a guaranty. SBA programs require a lead lender.
There are four items the business plan needs to clearly address:
- How much money you need.
- How your business will use the money.
- How you will repay the loan.
- What you will do if your business is unable to repay the loan.
Our business plan and loan proposals include these elements:
- Executive Summary.
- Business Profile.
- Management Experience
- Marketing and Sales Strategies
- Loan Request.
- Loan Repayment.
- Collateral.
- Personal Financial Statements.
- Business Financial Statements.
- Equity Investment.
- Financial Projections.
- Other Items (if applicable)
It’s time to Grow. Your Plan is guaranteed to meet or exceed bank or SBA guidelines