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Most lenders will require a business plan from applicants. A business plan should always take the audience into account and in this case, you`ll want to emphasize how your business stands out in the market, why it`s likely to be a success, and how your plan involves paying off your loan quickly and on time. As long as a lender is confident that you`d be able to meet your loan repayments, your business plan did its job.
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