How Much Money You Can Get From An SBA Loan
The Business Credit and Financing Show · Ty Crandall
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Show Notes
During this show, you will discover …
•How much money you can get from an SBA 7(a) loan •Just what the SBA does… •… and what the 7(a) loan is all about •How much you can get in a 7(a) loan… •… and the highest rate of interest you can expect to pay… •… and the terms and percentage guaranteed by the SBA •How to qualify for the SBA 7(a) loan •Where your personal credit score comes in •Just how much of a down payment you'll need to pay •What you can use as collateral… •… and why real estate is preferred, if you've got it… •… and what you can use instead if you don't •Just how much industry experience you will need to prove •How to demonstrate the financial strength of the business you're buying •The kinds of extensive documentation you will need to provide… •… and what the application form will most likely ask for •Details on forms and guides the SBA will ask for… •… the 1919 Guide, the Form 912 Guide, the Form 413 Guide, and the Form 159 Guide •Seven great, popular 7(a) lenders to check out