SBA Financing
The Standard Operating Procedures (SOP) for the SBA loan programs define the eligibility and requirements to obtain an SBA loan. This document can be downloaded from their website to read the lengthy and tedious requirements and guidelines associated with the loan programs. The process of documenting all steps in the process are intricate … Application, Approval, Closing, Funding, Post Closing and Portfolio Management. It is important to partner with a lender that understands the lending guidelines and securing an SBA guarantee/debenture.
Denise is committed to providing personalized guidance throughout the application, approval and closing process while educating, reviewing and offering insights through the required documentation process. It is more than knowing the rules and regulations; Denise’s knowledge and experience explains the why.
Eligible Use of Proceeds
Business Acquisition
Business Expansion
Business Start-Up
Owner Occupied CRE with Improvements
Construction – Ground Up and Leasehold Improvement
Heavy Equipment Purchases
Business Debt refi
Partner Buy-Out or Buy-In
NOTE: Investment companies/properties are not eligible including AirBnB, greater than 50% rental space or residential properties. The occupying business of a property will be a co-borrower.
Eligible Industries
01
Hospitality – hotel/motel/bed and breakfast
02
Assisted Living and Home Healthcare
03
Daycare/Child Care/ Pet Care
Caring for children and pets including specializes services (ie: tutoring, training, counseling, etc)
04
Entrainment and Food/Beverage Service
05
Service & Manufacturing
06
Franchise Start-Up, Expansion and Acquisition
07
Special Use Properties
Self Storage, Marinas and more