For a limited time. Get your business plan written by a lender for free!!!
The Importance Of A
Business Plan
In a nutshell, if your commercial loan is one that requires a business plan, then it is perhaps just as, or even more important than your financials. Loans on multifamily and investment properties generally don't need one, although they may require an explanation of the purpose of the funds as well as some pro forma statements.
If the loan involves a business, then the general rule of thumb is you will need a business plan, unless you already have a history of profitability. A Tri Star Lending loan representative will review your case and tell you both if you will need one, and how important it will be to your particular loan request.
The average entrepreneur takes about 400 hours to complete a business plan. Add this to your other responsibilities and it can take months to properly complete a business plan. Since many projects have time constraints, any delay in the business plan can put a whole project in jeopardy. While Tri Star Lending will analyze your business plan and make suggestions as to any changes that might make it a stronger plan, we also have staff available to write the business plan for you. For a small fee, a professional business plan can be prepared for you that meets the demands of lenders. Allow us to secure financing for you, and we will refund the cost of the business plan to you at closing.
To get started, just fill out a quick quote form online and mark that you need a business plan. A representative will provide an estimate for us to complete the business plan for you based on the loan scenario you describe.
You can also email us a description of the business you are starting and request a quote for completing a business plan.
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