Draft a business description for a loan or grant application
Turn the facts about your business into a clear, compelling business description and use-of-funds section for a small business loan or grant application.
The prompt
Help me write the business description section of a [loan / grant] application to [LENDER OR PROGRAM]. The application's questions or criteria: [PASTE] Word limit: [NUMBER] About my business: what we do, when we started, location, number of employees, customers served, annual revenue [optional], recent milestones: [DETAILS] What the money is for, with amounts: [USE OF FUNDS] Expected results: [e.g. hire 2 people, increase capacity 40%, open a second location] Community impact, if relevant: [DETAILS] Please: 1. Answer each question or criterion directly, in the order given, within the word limit. 2. Use specific numbers and facts from what I provided. Do not invent figures. 3. Include a use-of-funds table and connect each item to an expected result. 4. Point out where my answer is weak and what information or documents would strengthen it.
Replace every [BRACKETED] part with your own details before sending.
How to use it
Read the program's criteria carefully and mirror their wording in your answers. Every number in the application must be accurate and supportable; have someone else proofread before you submit.
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