BUSINESS LOANS

The U.S. Small Administration SBA offers low down payments, longer loan terms, and lower monthly payments than most conventional financing. This allows the business owners to keep their capital where it works hardest... in their business. SBA loans have a broad appeal can be helpful to a wide range of businesses.

There are two SBA programs, 7a and 504.

In order to pre-qualify for an SBA guaranteed loan program, the following needed:

1, Last 3 years Business Tax Returns, (1120S)signed by owner operator.

2, YTD ( year to date) Profit & Loss Statement, and  a current Balance Sheet.

3, Last 3 years of personal Tax Returns (1040) signed by borrower.

4, Clear photocopy of a Goverment Issued Photo ID.

5, Resume on Borrower.

6, Business Plan. ( why they want to do what they are doing)

7, Profit & Loss projection for the first year under their management.

8, Contract or Letter of Intent.

9, Application.

10, Personal Financial Statement.

For more information or to apply for Business Loan please contact us at

 828-659-1505 or 877-659-1505