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Joined 11 months ago
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Cake day: November 9th, 2023

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  • DoggieDippers@alien.topBtoSmall BusinessSBA Loans?
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    11 months ago

    SBA loans can be pretty tedious for established businesses, and even more so for startups. But it’s doable! Here are some general guidelines:

    • $50,000 to $5,000,000 loan sizes
    • Full underwriting (tax returns, PFS, financial, SBA forms, etc.)
    • 700+ preferred credit
    • No minimum time in business - startups considered with strong collateral, experience, and personal sponsorship.
    • Rates are usually Prime + 1.75% to 3.00%
    • Fully amortized loans from 10 to 25 years