Business Plan For A Loan Request - 1599 Words

September 19th, 2015 Robbie Boggs, Vice President Wells Fargo Inc. 1527 Pelham Road S. Jacksonville, AL 36265 Dear Mrs. Boggs, As we agreed during our meeting on August 15th, I am enclosing the business plan to support a loan request in the amount of $64,000 for start-up capital for my company, Sweet Peas. As we discussed, an additional line of credit is requested in the amount of $32,000, required for core stock inventory and start-up costs. Thank you for your consideration. I look forward to your reply and to the prospect of a long-term relationship with your bank. Sincerely, Cathryn Champion Sweet Peas 1 Public Square E Jacksonville, AL 36265 256-613-1518 sweetpeas.com Sweet Peas Cathryn Champion Owner†¦show more content†¦Sweet Peas is a baby boutique featuring newborn and toddler clothes with everything you need to dress your baby for any occasion. Offering trendy clothes for an affordable style from head to toe. Prices will range from $10 baby accessories to $100 customized bring-home outfits. While initially the goal is to open one boutique, expansion plans include potentially franchising the retail store and/or building a well recognized brand name. In turn, hoping to penetrate a sizable portion of the online retail market. This boutique is an upscale, stylish baby and children’s store located in downtown Jacksonville, Alabama. It is conveniently located right on the square next to a non-competitive retailer, Hannah’s Closet. There are tons of benefits to this location including free parking and Jacksonville State University foot traffic. Downtown Jacksonville is a popular destination with many places to eat, shop, and more. The Management Team: ItsShow MoreRelatedProject Analysis : Hop Hlp Project1466 Words   |  6 Pagesown office so that he can request for home ownership or loan and complete all the procedures without going to any place (HR department). 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