Kingston, Jamaica: Tax & Accounting:Auditors,Accounting Software, Accountants,UHY: "Approval of your loan request depends on how well you present yourself, your business and your financial needs to a lender. Remember, lenders want to make loans, but they must make loans they know will be repaid. The best way to improve your chances of obtaining a loan is to prepare a written proposal.
A good loan proposal will contain the following key elements:
General Information
Business name, names of principals, social security number for each principal, and the business address.
Purpose of the loan: exactly what the loan will be used for and why it is needed.
Amount required: the exact amount you need to achieve your purpose."
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