Question
choosing one (1) commercial bank from your country or region. Research their requirements for attaining a business loan for a start up vegetable distributor. Your
choosing one (1) commercial bank from your country or region. Research their requirements for attaining a business loan for a start up vegetable distributor. Your task is to prepare the following 1) list of requirements required for loan application 2) An estimation of start-up cost 3) amount of financing needed by lending institution and 4) financial statement projections for 3 years in advance.( The following details should be included in the presentation: - Overview of new product idea or new market. There must be a rationale/justification for, the product/service/ new market, be clearly described and unique value proposition should also be included here. - A 12 month sales forecast - Include a detailed breakdown of the expenses. - Prepare the cash flow, income statement and asset sheets for three years in advance for the new venture. Identify all associated assumptions
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