Bank Loan Request for Small Business

EXECUTIVE SUMMARY ADVENTURE plant life Design and Construction Inc. is a high-end design and remodeling firm with a reputation for integrity, quality craftsmanship, and worthiness in management. In three years annual sales have increased to be well over a million dollars. ADVENTURE WORKS Design and Construction go was formed by Brian Groth as a Sole proprietorship in December 1997. In 1998 a combination of activities involving residential design, consulting, and general construction brought glaring Sales of $250,000. The Company go through steady growth since its inception, and incorporated in March 1999, (see extension 6, Articles of Incorporation). In 1999 Gross Sales of $750,000 were achieved. In 2000, signed contracts introduce that Gross Sales are expected to be $1,300,000 (see appendix 2, real Backlog). The Company has its address in leased premise at 1234 A Street, Somewhereville, AB 12345. Its activities fall under the warning Industrial Classification SIC 1521 and 1522. The owners are Brian Groth and Nancy Doe. ADVENTURE WORKS Design and Construction is involved in four unmistakable activities: 1.Architectural Design 2.Residential & Light Commercial Construction 3.Property Services 4.retail Floor Coverings (see Appendix 4).

Eighty to ninety percent of the Gross Sales are in design and construction. At the number (May 2000) there are 25 permanent employees on the paysheet and 10 subcontracted workers excluding subcontracting companies (see Appendix 1 for resumes). The companys Short verge Objectives (within the next three years) are to increase activity in all Divisions, and to achieve annual profit, net after taxes, of $200,000 by 2003. Its Long term objectives are: to maintain the level of current business achieved up to 2003, and then to move into historical restorations, more light commercial work, and increased new custom office construction. To implement these objectives the company needs: 1.A loan of $100,000 at Prime plus... If you want to get a full essay, fellowship it on our website: Ordercustompaper.com

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