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Loan Packaging

In preparing the package we:
•    Prepare the SBA 7a loan guarantee application and all the attachments required
•    Gather the necesarry documention from the business owner based on the individual business and items needed
•    Complete the loan package for submission to the bank

In the preparation of the loan package, we make sure the application and the required forms are filled out properly, the necessary documents are collected and a complete file is put together for the lender that makes sense in detailing the clients financing needs.

This is a very detailed process and is specific to each individual’s business needs and bank requirements.  The Small Business Administration has very specific guidelines as to how you present a loan request.  Compliance to these guidelines is crutial in the success of your loan being approved.  The criteria for a standard package includes a variety of specific SBA documents, financial analysis, projections, tax documents and credit memorandums.  SBA has funding for many types of different reasons and the package can vary based on the appropriation of capital.  Often times, a borrower may well be qualified, however they miss key points in presenting their needs to lending institutions and are declined merely on details.

 

Loan Placement

We have an extensive network of lending institutions nationwide that we work with in finding the client the loan and term that best suits their needs.  Most business owners do not understand the finance expectations from the different lending institutions.    Many lending institutions are specific as to what they will lend on and what dollar amount they will lend, and they are all different.  Some will not fund start-ups, others will not fund restaurants, and even others will not lend if there is not real estate involved.   This is where our 35 years of experience makes us a top rated SBA Loan Packaging firm.

Lending Institutions are very specific individually on what they are willing to lend on.  With out experience, we have established business relationships with many lending institutions.  This will help in determining what financing is available for each individual transaction. 


Guidance

We offer guidance in the structure of your loan.  SBA 7(a) has financing available on the following:
•    Commercial real estate (purchases, construction, or refinance)
•    Leasehold improvements
•    Business expansions
•    Machinery, equipment, furniture or fixtures
•    Business acquisition
•    Working capital (offered in conjunction with same of the above)
•    Start-ups (ALL Franchises, Motels, Restaurants Gas Stations and C-Stores)

Let us help you get the financing you need.

 

 

 

 





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