SBA
Programs
SBA (7a)
Loan Conditions
• Approvals up to $5,000,000
• 10yr Terms
• Rates 2.75(+) Prime
• Monthly Repayment (no prepayment penalties)
Loan Stipulations
• SBA Information Form (SBA Application)
• 3yrs Business Tax Returns (most recently filed)
• 3yrs Financials (profit & loss & balance)
• YTD Financials (profit & loss & balance)
• 6 Months Business Bank Statements
• Minimum Credit 640+
• Tri-Merge Credit Report (MyScoreIQ)
SBA Micro
Loan Conditions
• Approvals from $15,000- $50,000
• 10yr Terms
• Rates 3.75(+) Prime
• Monthly Repayment (no prepayment penalties)
Loan Stipulations
• SBA Information Form (SBA Application)
• 2yrs Business Tax Returns (most recently filed)
• $50,000 Minimum Annual Revenue
• Minimum Credit 640+
• 3 Months Business Bank Statements
• Tri-Merge Credit Report (MyScoreIQ)