Business Loan Information & Template

[Victor Chase]

Business Loan Request - Information & Template

LOS SANTOS GOVERNMENT
Office of Finance – Loan Division

**IN EFFECT FROM 1st OCT 2024**
Updated on: 1st OCT 2024

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To request a business loan from the Los Santos Government, please submit a detailed application outlining the purpose of the loan, how the funds will be used, and the expected business outcomes. Loan applications will be reviewed based on business needs, potential growth, and repayment capability. The Loan Division will evaluate your request and provide an approval or denial within 15 business days.

**Types of Loan Requests:**
- Business Expansion (opening new locations, increasing staff)
- Equipment Purchases (machinery, vehicles, technology)
- Capital Improvements (renovations, property acquisition)
- Operational Funding (working capital, salaries, utilities)

Please note that loan approvals are subject to creditworthiness, business viability, and available funding. Larger loans may require additional review or approval from the Business Loan Committee.

Examples:
**A:** A construction company requests $500,000 for new heavy equipment. After evaluation, the Loan Division may approve full or partial funding based on credit checks and business forecasts.

**B:** A retail business applies for $200,000 to expand to a second location. The loan may be approved based on the business’s current financials and future growth potential.

**C:** A restaurant submits a loan request for $100,000 to upgrade kitchen equipment. This may be approved based on the restaurant’s current performance and ability to repay the loan.

Below is the template to submit a loan request for review.

• Loan Request Categories
• Business Expansion
• Equipment Purchase
• Capital Improvements
• Operational Funding
• Other

To apply for a loan, please fill out the template below and email it to [email protected] ((Post in Business Loan Requests Section)). Only business owners or authorized representatives may apply, and all requests will be publicly visible with the exception of confidential details.

((CHECKBOXES))

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*Sections that ask you to checkmark the boxes replace [cb] with [cbc] to check the boxes.

Template

Spoiler:

LOS SANTOS GOVERNMENT
Business Loan Request Application

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Business Name: [Insert Business Name]
Contact Person: [Insert Full Name]
Phone Number: [Insert Phone Number]
Email Address: [Insert Email Address]
Loan Amount Requested: $[Insert Amount]

Reason for Loan Request:
Provide a detailed explanation for the loan request, including the purpose, goals, and expected outcomes.

Current Financial Situation:
Provide an overview of the business's current financial situation, including revenue, expenses, and how the loan will be utilized.

Category - Tick all that apply
This loan request is for:

• Business Expansion
• Equipment Purchase
• Capital Improvements
• Operational Funding
• Other
• Specify, if other: N/A

Signed: Forename Surname
Date: DD/MMM/YYYY

Title:

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Loan Application - Business Name - Short Purpose

Body:

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[center][lsgbanner][/lsgbanner]  
[b]LOS SANTOS GOVERNMENT[/b]  
[i]Business Loan Request Application[/i]  
[/center]  
[hr][/hr]  

[b]Business Name:[/b] [Insert Business Name]  
[b]Contact Person:[/b] [Insert Full Name]  
[b]Phone Number:[/b] [Insert Phone Number]  
[b]Email Address:[/b] [Insert Email Address]  
[b]Loan Amount Requested:[/b] $[Insert Amount]  

[b]Reason for Loan Request:[/b]  
[i]Provide a detailed explanation for the loan request, including the purpose, goals, and expected outcomes.[/i]  

[b]Current Financial Situation:[/b]  
[i]Provide an overview of the business's current financial situation, including revenue, expenses, and how the loan will be utilized.[/i]  

[b]Category[/b] - Tick all that apply  
This loan request is for:  
[list]  
[*]Business Expansion [cb]  
[*]Equipment Purchase [cb]  
[*]Capital Improvements [cb]  
[*]Operational Funding [cb]  
[*]Other [cb]  
[*]Specify, if other: N/A  
[/list]

[align=right]  
[b]Signed:[/b] [i]Forename Surname[/i]  
[b]Date:[/b] [i]DD/MMM/YYYY[/i]  
[/align]  

Businesses operating without proper loan approval may experience financial strain and operational difficulties. It is essential to submit accurate and detailed loan requests for a successful review.