Sources; banks, finance loaning institutions....I can take a loan then repay from the profit I will make from the business
you’re planning to start a business or expand an existing business, you
might need financing help. SBA participates in a number ofloan programs designed for business owners who may have trouble qualifying for a traditional bank loan.
To start the process, you should visit a local bank or lending
institution that participates in SBA programs. SBA loan applications are
structured to meet SBA requirements, so that the loan is eligible for
an SBA guarantee. This guarantee represents the portion of the loan that
SBA will repay to the lender if you default on your loan payments.
The sba loan checklist provides a listing of forms and documents you and your lender will need to create a loan package to submit to SBA.
May 24th, 2015
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