旼컴컴컴컴컴컴컴컴컴컴컴컴컴컴컴컴컴컴컴컴컴컴컴컴컴컴컴컴컴컴컴컴컴컴컴컴컴커 � How To Start A Small Business (SBA Documentation) Page 25 � 쳐컴컴컴컴컴컴컴컴컴컴컴컴컴컴컴컴컴컴컴컴컴컴컴컴컴컴컴컴컴컴컴컴컴컴컴컴컴캑 � � Line of Credit (Revolving Credit Line) Long-Term Loans: Loans with � � maturities greater than one year but usually less than seven years. � � � � These loans are used for major business expansions, purchases of real � � property, acquisitions & in some instances start-up costs. Types of � � long-term loans include: � � � � � Personal Loan � � � Commercial Mortgage � � � Term Loan � � � � HOW TO WRITE A LOAN PROPOSAL � � � � Approval of your loan request depends on how well you present yourself, � � your business & your financial needs to a lender. Remember lenders want � � to make loans, but they want to make good loans, loans they know will be � � repaid. The best way to improve your chances of obtaining a loan is to � � prepare a written loan proposal. � � � � A good loan proposal will contain the following key elements: � 읕컴컴컴컴컴컴컴컴컴컴컴컴컴컴컴컴컴컴컴컴컴컴컴컴컴컴컴컴컴컴컴컴컴컴컴컴컴켸