Written by attorney Romy B Jurado

Essentials Of The Small Business Administration Loan Application Requirements

The SBA application breaks down into numerous sections and each section must be meticulously scrutinized and completed. The various categories, that need to be addressed as part of the loan application process.

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The best advice I can give you is that when it comes to fulfilling these various requirements you should always think like a lender. Basically, you should prepare your loan application as if someone were coming to you for money. Your application should be complete, comprehensive, and organized. The better prepared you are in the application can result in a faster determination by the SBA. Additionally, make sure you deal with a banker who specializes in SBA-backed loans. Given the importance of having your loan approved, we advise you not to risk your application approval by not retaining an accountant and or business planner to assist you. If you have any questions regarding the SBA loan process or need a referral to one of our many outside professional partners, please call Jurado & Farshchian, P.L. at (305) 921-0440 or email me at [email protected]

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