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