sbapro.com, the SBA loan experts for both borrowers and lenders since 1976. Approval-Authorization. The loan application process may seem long, but you can find a consultant to help you in a few minutes. Select Language Translate; SBA en Español; For Partners; Newsroom; Contact Us; Business Guide. Applying for an SBA loan comes with a guarantee that if the loan cannot be paid back in time, the SBA will cover part of the costs. The agency partially backs these loans with federal money, guaranteeing that they’ll cover a portion of defaulted loans. You might already be familiar with some aspects of the process, in which case you can choose to only seek outside assistance on specifics. Search Sba loan jobs. James L. Torti, Ph.D. Top Pro. , or search for mentor by expertise, and even specify the area where you need guidance—including help with financing and loans. Note: We are not part of or affiliated with the Small Business Administration or U.S. Government. The process is approachable (I will go into more detail below) and has a relatively short turn around, but the SBA does have loan requirements for eligibility. Either way, your customers (and all … Classes For Busy Adults - Now Is the Time to Get Started … For business owners who aren’t familiar with the US Small Business Administration (SBA), here’s a quick rundown: The SBA is a government agency that provides funding, resources, and programs to encourage small business development. Businesses across the country (and the world really) are facing financial challenges as COVID-19 causes more people to remain home to help minimize the spreading of the disease. Commonwealth Business Bank. Â. Search. Note: We are unable to assist borrowers looking for under $50,000 via our network at this time. Our network of SBA lenders are unable to provide SBA real estate loans if owner occupancy in under 51% (e.g., large office building purchase, apartments, vacation rentals, etc.) Meredith launched the Fundera Ledger in 2014. Serving the entire Houston Metroplex. Paycheck Protection Program Loans for COVID-19 … Unfortunately, we are unable to assist you at this time. Sba Loans Near Me. TVGuide.com. While you definitely want to verify that a lender is certified, a consultant doesn’t necessarily have to be a licensed SBA officer. Small Business Loans (SBA) Secure the financing you deserve, regardless of the size of your business. How do I know which lenders are eligible SBA loan providers? An SBA 7(a) loan isn't a loan directly from the SBA, rather, the SBA helps small business owners secure loans by guaranteeing a portion of the amount borrowed, capping interest rates, and limiting fees. Especially if you’re new in town. Get the right Sba loan job with company ratings & salaries. Since 1976 sbapro.com has been THE SBA loan experts for both borrowers and lenders. What’s the worst that can happen to me if I default on an SBA loan? To prove these credentials, you’ll need to provide documentation—and lots of it. Thumbtack; Business; Small Business Consultants ; 1. Caveat emptor! Unfortunately, there’s no universal standard. The SBA offers several loan programs, but the two most popular are the SBA 7(a) loan and the SBA 504/CDC loan. Easy Apply. Apply to Loan Specialist, Service Technician, Loan Servicing Specialist and more! If you expect to work with a consultant for an extended period and requiring more or less full-time support, you might want to switch to a monthly retainer. We are unable to assist you at this time for your acquisition of a business as our lending partners will want to see ~ 20% personal liquidity (10% down for the business plus another 10% in personal reserves). SBA/USDA Loan Consulting & Packaging. 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