Indy Chamber News Archives
ISBDC has always had the reputation for assisting business owners put together solid business plans – especially the narrative portion. However, over the last year, the ISBDC business advisors have taken the process astep further by providing hands-on assistance to business owners regarding their financial projections and assumptions. As a result, local business bankers are now reaching out to the ISBDC to help their clients apply for lines of credit, real estate and capital equipment loans, business acquisition loans, etc.
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The ISBDC keenly understands that business owners need to communicate information to their lenders in the proper way; otherwise, it is extremely difficult for the lender to assess the risks and make the correct decision.
In addition to one-on-one consulting, the ISBDC can provide the following tools to assist with the loan process:
- Nationally-recognized market research databases – providing relevant industry information and demographics to validate a business owner’s assumptions.
- Peerview Data – comprehensive report providing a snapshot of how a business stacks up in the specific industry in the areas of finance, operations, marketing and human resources.
Please contact the Central ISBDC if your client (or a business owner you know) needs assistance in putting together their loan package.
Call 317-233-7232 or email [email protected]
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