Build professional business plans online with our interactive tools and industry-specific templates designed for SBA loan approval.
A professional business plan is essential for SBA loan approval. Here's what lenders look for and why it matters.
Demonstrates you understand your industry, competition, and target customers
Shows realistic financial projections and ability to repay the loan
Proves your team has the experience and skills to succeed
Outlines how you will use the loan to grow and generate returns
Identifies potential risks and how you will mitigate them
Shows proper business formation and compliance with regulations
Every SBA business plan should include these key sections. Our templates guide you through each one.
High-level overview of your business, mission, and financial projections
Detailed description of your business, industry, and target market
Research on your industry, target market, and competitors
Your business structure, ownership, and management team
Detailed description of what you sell and your pricing strategy
How you will attract and retain customers
3-5 year financial forecasts including income, cash flow, and balance sheet
Specific funding amount needed and how it will be used
Choose from professionally designed templates tailored to your industry and business type.
Complete template for restaurants, cafes, food trucks, and catering businesses
Template for brick-and-mortar and online retail businesses
Professional services, consulting, and service-based businesses
Manufacturing and production businesses requiring equipment financing
Software, app development, and tech-enabled service businesses
Medical practices, dental offices, and healthcare service providers
Professional financial templates and calculators to create accurate projections for your SBA loan application.
Monthly cash flow forecasts for 3 years
Professional P&L template with industry benchmarks
Assets, liabilities, and equity projections
Key ratios that SBA lenders analyze
Follow these expert tips to create a business plan that impresses SBA lenders and increases your approval chances.
Conservative financial projections are more credible than overly optimistic ones
Use credible sources like IBISWorld, Census data, and trade associations
Include best case, worst case, and most likely financial scenarios
Emphasize relevant industry experience and business achievements
Acknowledge risks and explain how you will mitigate them
Use consistent formatting, charts, and professional language
Once your business plan is complete, calculate your SBA loan options and connect with approved lenders.
Most SBA business plans are 25-40 pages including financial projections and appendices. The plan should be comprehensive but concise - include all necessary information without unnecessary fluff.
Most SBA lenders require business plans for loans over $50,000. Some may require plans for smaller amounts. SBA Express loans under $50,000 may only need a simplified business plan.
Yes! With our templates and tools, you can create a professional business plan yourself. However, consider hiring a consultant for complex businesses or if you're not comfortable with financial projections.
SBA lenders typically want 3-5 years of financial projections, including monthly projections for the first year and annual projections for years 2-5.
For existing businesses, include 2-3 years of historical financial statements plus projections showing how the SBA loan will help grow the business.
Use our interactive tools to build a professional business plan that gets SBA loan approval.