Bank is in the business of lending monies that it collects or deposited by its customers. Often, we heard that bank only lend to the RICH. Maybe, some rich men had found their formulae to SUCCESS. But I dare said that most business men fail to plan their businesses. They don’t know how to impress their bankers. No plan or business model to show.
With such a high liquidity in the market, most banks want to quickly increase their loan sizes. They lent practically for all reasons, but only to the viable businesses. Borrowers need only to show their future business plan in numbers so that the bank will be able to digest and chew on them before it decides to approve the loan.
Credit Guarantee Corporation of Malaysia, Exim Bank, Bank Islam and other commercial banks are now requesting from the applicants for banking facilities a feasibility report that shows their vision, mission, SWOT, financial statements and last, but not the least, their projections of the business.
With a feasibility report, the bank has no further reason to delay the processing and approving of your application for the banking facilities.
Objectives
* Use your financial plan or business model to plan the growth in your business
* Circumvent some myths and idiosyncrasies of a borrower and lender
* Learn how the banks consider your application for banking facilities
* Negotiate for the best-mix of banking facilities to sustain your growth
* Then, write your business plan in a REPORT for banking facilities
* Show you and walk through with you a copy of the Sampled REPORT
Who Should Attend
Finance Managers, Accountants, Financial Controllers, General Mangers, CFO, COO, CEO, and Directors
Official Website: http://www.gin-my.com/ws_20081110_sampledreport.php
Added by tfliam on October 15, 2008