My business loan

Entrepreneur

About Me

Exactly three years ago I began a small bead company out of my own home. Over the last year my business has grown significantly to the point where I now need to expand.

I am writing this letter to ask for a loan so that I can expand my business. I am very confident that there is a strong market for cloth diapers in Nigeria. I have many repeat customers and my client base is growing rapidly as word about my business spreads throughout the community. Therefore I am requesting the loan to help me with my business endeavour. This money along with the money I already have saved up myself will allow me to lease a modest storefront and to purchase all the paperwork supplies and equipment I need to launch the new space.

My Business

Customer Advances is a way I can generate my income source.
I insist on the customer making an advance payment before selling them goods or providing a service. This is especially true while dealing with large orders that take a long time to fulfill. This method also ensures that my business has some funds to channelize into its operations for fulfilling most orders.

Loan Proposal

The last loan I took was invested in my business. And I was able to buy more materials and was also able to supply my old and new customers with their desired requested demands. The loan was very helpful to me. Thank you for lending me. I know the next loan will also help me in meeting up with my customers demands and also make more profits for me.

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Loan Info

Lenders