Business plans are presented to Borrowers in cases where the credit is granted for purposes related to the organization of new production, expansion of production, trade areas and the service sector, the development of manufacture of new kinds of products (goods), the purchase of new or modernization of existing equipment and other goals aimed at increasing production of goods.
Feasibility study of credit is submitted in cases where the loan is granted for purchase of goods for subsequent sale (commercial transaction) or for the provision of services.
In business plans and feasibility study must include:
1. The Executive summary contains an outline of the proposed lending the project, the recipient of the borrowed funds.
The summary must include: Continue reading