business
SMB Loan Application Narrative
Bank-ready business description for small business loans
The Prompt
Write a 500-word business narrative for [BUSINESS_NAME] applying for a [LOAN_AMOUNT] loan from [BANK_NAME]. Cover: 1) Business history 2) Current operations 3) Management experience 4) Market opportunity 5) Loan purpose 6) Repayment plan. Use formal banking language and emphasize [KEY_STRENGTH] like recurring revenue or contracts.
When to use this
When completing bank loan applications or SBA forms
Pro tips
- →Include YTD financial highlights
- →Align loan purpose with lender priorities
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