How a Business Plan Tells the Bank Why They Should Lend You Money
Your ID shows who you are. Your business plan shows the Guyana Development Bank what you will do with the money and how you will pay it back. See what our business plans include.
Short answer: Your ID and business registration show the bank who you are. Only the business plan shows what you will do with the money, how your business earns, and how you will pay the loan back. For the Guyana Development Bank SME Loan (over GYD $300,000, up to GYD $3 million), it is the document that tells the bank why they should lend you money.
What does the bank look for?
The bank wants to understand:
- What your business does and who buys from you.
- What you will buy with the loan, and what it costs.
- How much money comes in and goes out each month.
- How you will repay the loan.
A clear business plan answers all of these in one place.
What is in our business plan?
Every plan we prepare includes:
- Business description — what you do, where, and for whom.
- Your market and competitors — who your customers are and who else sells to them.
- SWOT — your strengths, weaknesses, opportunities and threats.
- List of equipment with prices — what the loan will buy.
- Monthly costs and sales — written in Guyana dollars.
- 12-month cash flow — month by month, money in and money out.
- How you will repay — showing the loan fits your numbers.
See a full example: sample business plan.
Do I need to know everything?
No. You answer a few plain-language questions about your business. Whatever you don't know, such as market details, competitors or typical equipment prices, we look up for you and add to your plan.
How fast is it?
Your plan is ready in minutes, not days. You can start it today, while you collect your other documents.
What else comes with it?
- Application Helper — answers written from your plan for the fields on the bank's online form.
- Word and PDF download — print it or upload it.
- Up to 5 revisions — change any section after you read it.
Price: GYD $5,000, paid with MMG or any credit/debit card.
No business plan can promise a loan approval. A clear plan helps the bank understand your business and your numbers.
Read more: Up to 20,000 people have applied and How to apply.
Information current as of October 27, 2026. Guyana Business Loan Ready is an independent service. We are not the Guyana Development Bank and are not connected to it. Our service stops at creating your business plan.