If you are a business interested in an SBA Loan having these 10 items in hand will help with acquiring an SBA approval. #sbaloans #sbaapproval #smallbusinessloans #sba7a
What is an SBA Loan?
A Small Business Administration (SBA) loan is supported by the U.S. Small Business Administration, which allows financial institutions to provide business loans with more favorable terms or more flexible underwriting criteria than conventional loans.
1. Solid Business Plan
2. Good Credit Score
3. Collateral
4. Complete Personal Financial Statements
5. SBA Loan Application
6. Business Legal Structure
7. Past Three Years of Tax Returns (Business and Personal)
8. Past 3 Months of Bank Statements
9. Your Resume
10. PNL and Balance Sheet of All Affiliated Businesses
The Woodhouse Spa - Red Bank
73 Broad Street
Red Bank, NJ 07701
732-345-7300
locations.woodhousespas.com/d...
The Woodhouse Spa - Kingston
387 Wyoming Ave
Kingston, PA 18704
570-763-0063
locations.woodhousespas.com/d...
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