[Redford Financial Group]

BUSINESS LOAN
PROPOSAL
Prepared for
[United Commerce of Shreveport]

Prepared by
Nicolas Cordero
[nicolas@redfordfinancial.com]
August 18, 2022

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August 18, 2022

To Whom It May Concern:

Good Day!

I am the owner of the accounting firm, [Redford Financial Group]. The firm will renew
its license on December 17, 2022, provided that adequate funding is acquired to
operate. I am humbly asking for your support in financing my business. The total
amount of business loan that I need is $1.1 million. I have enclosed a Business Loan
Proposal to detail more about my business.

If you have questions or clarifications regarding this matter, please do not hesitate to
contact me through my email at [nicolas@redfordfinancial.com].

Sincerely,

Nicolas Cordero
Owner
[Redford Financial Group]

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Executive Summary
I am requesting for a business loan for the continuance of my company’s operations.
As an accounting firm of over 25 years, we have managed to assist hundreds of
clients, but with the impact of the recent global recession, it has been difficult to
keep the business afloat. To prevent the cease of our operations, we need at least
$1.1 million in funding.

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Problem
Amidst a global health crisis that has affected every region in the world, experts
predict a decrease in the real GDP by 0.4 percent for 2022 compared to the previous
year. This has caused our business, like many others, to take drastic measures in
order to save our operations.

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Scope of Work
The business loan will be used for our promotional efforts, equipment and furniture,
and employee wages. This will allow us to reinforce our brand, upgrade our
equipment, and compensate our employees for their services rendered. All these are
essential to allow our team to continue serving our clientele.

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Timeline

PHASE DESCRIPTION END DATE

Attract more clients and

Marketing September 22, 2022
improve client retention efforts

Upgrade all tools, devices, and

Renovations programs for operational October 18, 2022
efficiency

Conduct employee training and

Staffing development programs for the November 12, 2022
entire workforce

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Funding Required

DESCRIPTION PURPOSE AMOUNT

Marketing For promotion and sales $300,000.00

Renovations For efficient operations $500,000.00

Staffing For improved labor $300,000.00

Total Funding Required

$1,100,000.00

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