The right way to approach lenders (banks) for a project loan
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constantine
Apprentice
Joined: 16 Jun 2007
Posts: 13
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 Posted: 05/19/09 - 08:59 Post subject: |
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| Twelve years ago I had a car accident in which I lost my leg. The insurance company compensated certain amount of money for my loss. Now I would like to invest that money into my new business project. Since I do not have sufficient finance I have to turn to banks for a loan. I am interested to find out more what the best way to approach future investors / lenders. |
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caspar
Apprentice
Joined: 29 Jun 2005
Posts: 10
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| Posted: 06/18/09 - 00:03 Post subject: |
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| I cannot tell you how I am sorry for your lost. Still, I am glad that I sense positive energy that you accumulated regarding your future business adventure. I suppose that you already know that you have to propose a business plan as well as to have a presentation of your business to your future investors. The business plan and the business presentation should be done in simplest fashion possible. Try not to overuse fancy business terms, keep yourself down to earth and try to transfer that positive energy to the others. In the process of presenting financial data try to be more as descriptive as you can by using graphic pies, charts, data tables etc. To put it briefly, you should stick to positive attitude and try to animate your future investors in every way that you can. Best of luck! |
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