Could I access a loan to cover the initial expenses of the business if I have not yet recorded any accounting activity? And do I need to show the business plan?

A loan can be accessed for the initial investment required to open the business and for the mentioned current expenses, only if there is already an activity to which we can refer.🕵

From the presented information, we understand that there is no minimum required activity, the minimum three months during which this business should have generated revenue. We grant financing taking into account, first of all, the revenues generated by the financed activity and only after that do we identify guarantees, these being an element that does not influence the repayment capacity of the financed business.

The business plan is relevant and represents a benchmark but you should not confuse granting funding based on revenues generated (the solution BT Small), with the analysis of some forecasted revenues that do not occur simultaneously with the realized revenues. 😉