L.O.C. - Posted by Lance

Posted by Joseph Zimny on September 12, 2003 at 01:36:05:


My sense is that no one responded because this type of business planning is essentially what Ed Garcia is teaching. And it’s good stuff that few will give away for free.

What you can do for free, however, is search the archives of this site for all of the posts related to letters of credit, etc. Reading these posts will reveal lots of information on how banks approach the decision-making process and what you will need, in addition to a simple business plan, in order to close an LOC with a lender. It isn’t just about the plan!

But you must educate yourselves first and know the bigger picture of what’s involved with getting the LOC. good luck.

Joe Zimny

L.O.C. - Posted by Lance

Posted by Lance on September 10, 2003 at 01:31:42:

Does anyone have an example of a business plan that has been used to get a Line of Credit with a bank. I was just interested in seeing something that has been used recently.

Re: L.O.C. - Posted by Jay (NY)

Posted by Jay (NY) on September 10, 2003 at 09:49:51:

IM also looking for a business plan that actually worked in getting a line of credit from a bank recently.