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ECICOG RLF Business Plan & Financials Checklist
ECICOG RLF Business Plan & Financials Checklist
Preparation is key to success in the process for applying for an ECICOG Revolving Loan. Please use this checklist as a tool to review the documents and materials you'll want to have ready. If you find a suggested item that you don't have, you'll be given a variety of resources to assist in that area. By working thought this checklist, you'll be more confident and will increase your probability for funding approval.
23Questions
ECICOG RLF Business Plan & Financials Checklist
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    Your executive summary is a snapshot of your business plan as a whole and touches on your company profile and goals.
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    Your company description provides information on what you do, what differentiates your business from others, and the markets your business serves.
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    Before launching your business, it is essential for you to research your business industry, market and competitors.
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    Every business is structured differently. Find out the best organization and management structure for your business.
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    What do you sell? How does it benefit your customers? What is the product life cycle?
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    How do you plan to market your business? What is your sales strategy?
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    If you are seeking funding for your business, find out about the necessary information you should include in your plan. By answering no to this question, you'll be directed to a list of resources to help you with this component.
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    If you need funding, providing financial projections to back up your request is critical. If you are not sure what information you need to include in your financial projections for your small business, answer no to find the resources you need for assistance.
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    An appendix is optional, but a useful place to include information such as resumes, permits and leases.
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    In accordance with federal law and U.S. Department of Agriculture policy, ECICOG is prohibited from discriminating on the basis of race, color, national origin, sex, religion, age, disability, sexual orientation, or marital or family status. (Not all prohibited bases apply to all programs.) To file a complaint of discrimination, write USDA, Director Office of Civil Rights, Roo, 326-w, Whitten Building, 1400 Independence Ave. SW, Washington, DC 20250-9410 or call (202) 720-5964 (voice and TDD). USDA is an equal opportunity provider and employer. ECICOG is an Equal Opportunity Provider

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    If you need assistance as you prepare your business plan and financials or before you submit an application for a revolving loan, we recommend that you utilize the services provided by one of these organizations. Use the links below and find the options that best fit your needs, then please return to finish out the checklist or continue to the end of this checklist and be directed to the loan application.

     

    • IA SOURCELINK
    • IOWA SMALL BUSINESS DEVELOPMENT CENTER (SBDC)
    • EDC, Inc.
    • SCORE EAST CENTRAL IOWA
    • SMALL BUSINESS ADMINISTRATION (SBA)
    • U.S. ECONOMIC DEVELOPMENT ADMINISTRATION (EDA)

     

    America SCORE East Central Iowa
    US Economic Development Administration EDC, Inc.
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    ECICOG WHAT

    YOU ARE READY TO TAKE THE NEXT STEP!

    Now that all the recommended documents are prepared you are ready to move
    on to the ECICOG Loan Application Portal.
     
    Once you submit this form, you'll be redirected to the portal to begin the application.
     
    If you have questions before moving on, please reach out to Robyn Jacobson by
    email at robyn.jacobson@ecicog.org or by phone at (319) 289-0069.
     
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