I have a great business plan in a heavy industrial / service business. It is very profitable in concept, but I need to create a marketable business plan for high 5 figure loan, 1-5 year lone to buy some heavy equipment.
>>2066670
get a lawyer to draw up a prospectus for you.
>>2066678
no lawyer.
I am cheap
>>2066681
takes money to make money , friend.
no institutional investor is going to be able to green light your loan without you jumping through the proper legal hoops . you could have the shittiest idea in the world, but if it checked all the legal boxes, they will have no problem justifying approving your loan to their superiors .
Make your life easy and do things the right way.
>>2066686
Im looking for a SBA loan
>>2066741
you could get a 100 million - multibillion dollar loan if you simply had someone draw you up a prospectus.
hundreds of large investment banks have blue balls to lend money to people with the proper paper work.
>>2066670
meme has too many words
should be reduced to: "I drink your millshake"
>>2067572
I didnt make the meme.
I just like the movie/character.
>>2066748
>you could get a 100 million - multibillion dollar loan if you simply had someone draw you up a prospectus
>shit /biz/ believes
>>2066670
OP, in real life you just need about 20% down, enough income to service the loan, excellent business credit, and collateral.
banks don't loan money to business plans. Or a prospectus.