SAAS Entrepreneur Obtains Bank Loan Because of his Winning Business Plan
Christian is a founder of a software as a service business. He has been operating his business for over 5 years. Over the span of 5 years, he managed to attract clients to sign up for his services. After growing his client base and earning 5-figures each month, he decided he needed to obtain a low-interest loan from a reputable back to fund his planned expansion.
In order to convince bank to lend him their money, he needed to present a professional looking business plan to help the bank representatives understand his business. Realizing the importance of a winning business plan, Christian sought the help of iwritegigs.com
Among the changes we made were in the Company Description portion where we not only explained in detail the company’s operations and how it solves specific business problems. For the Market Analysis portion, we explained in detail the entire industry Christian’s business is operating in. We identified the competitors and his edge over his competitors. We also explained the future trend the industry is heading into and how Christian’s SAAS business figures into this trend. More importantly, we informed Christian to present proof of his company’s financial health. We explained in detail his plans for expansion and how much money is needed to achieve his goal.
Needless to state, the commercial bank approved Christian’s request for loan. In his Thank You note, he said:
“Many thanks for the killer business plan we worked on. You guys are angels sent to me. Congratulations to the team for a job well done. I hope you help more entrepreneurs like me grow their businesses. I will surely bring some clients your way!”