Small Business Administration Loan Guaranty Programs

 

1. 7(A) Program Loans  (SBA approves) 
2. SBA Express (Lender approves. Minimal SBA paperwork)  
3. Community Express (Lender approves. Minimal SBA paperwork)   
4. Patriot Express (Lender approves loan. Minimal additional SBA paperwork) 
   
5. CAP Lines (Short-term/Revolving Lines of Credit; Seasonal Contract, Builders Standard/Small Asset-Based) 
6. International Trade 
7. Export Working Capital Program (1-page application, fast turnaround, may apply for prequalification letter.) 
8. Non-7(a) Loans – Microloans – Loans through non-profit lending organizations; technical assistance also provided) 
9. 504 Loans (Provided through Certified Development Companies [CDCs] which are licensed by SBA 

 

WHAT TO TAKE TO THE LENDER (MINIMUM LIST)

1. Purpose of the loan.
2. History of the business.
3. Financial statements for three years (existing businesses)
4. Schedule of term debts (existing businesses).
5. Aging of accounts receivable & payable (existing businesses).
6. Projected opening-day balance sheet (new businesses)
7. Lease details.
8. Amount of investment in the business by the owner(s).
9. Projections of income, expenses and cash flow, as well as the assumptions.
10. Personal financial statements on the principal owners.
11. Resume(s) of the principal owners and managers

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