Can anyone here help me...I am trying to get a loan on some undeveloped property and a couple of the lenders are asking for an Executive Summary...I have never done one or seen one and have no idea how to put one together. Does anyone have a sample of one that they could send me so I know where and how to start?
If you have never done one...the best way to learn is to ask the lender exactly what they want to see.
I am a commercial and residential lender and get people quite often on the commercial side that don't know how to write a good executive summary.
One huge key in getting funding for commercial property is presenting your proposal in a professional manner. No mis-spelled words, multiple exit strategies, hard facts and forecases, etc.
Your executive summary should include:
- who your company is and experience
- exactly what the project is. good description with facts.
- How much money you are asking for
- How you plan on paying the money back
- any collateral or capital to bring to the table
basically, the executive summary gives us an overview of you, the project, and how you plan on paying the money back.
contact me if your financing company is unable to finance your project. We can get deals done when other commercial financiers can't.