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The purpose of the design and development plan section is to provide investors with a description of the product's design, chart its development within the context of production, marketing and the company itself, and create a development budget that will enable the company to reach its goals.
Depending on your situation, you might be able to secure a loan or even exercise the option to take on several at the outset. Any type of assistance depends on credit approval, and your credit approval depends on your credit score. There are no guarantees when you apply for a private or small-business loan.