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5. Business Financials
Please provide a brief description of your business:
Have you previously taken a loan for your business? Yes No
Please provide details (amount, purpose, and repayment status):
What is your current cash flow situation? Positive Break-even Negative
Do you have any business assets that could be used as collateral? Yes No
Please list the assets and their estimated values:
What differentiates your business from your competitors?
What are your growth plans for the next 1-3 years?
How do you plan to use the funds from this loan to achieve your goals?
Is your business fully compliant with local regulations and licenses? Yes No
Do you have business insurance? Yes No
If yes, please specify the type of coverage:
