ThinkSBA
ThinkSBA is a Nationwide SBA 504 and 7a Loan Brokerage serving small business and entrepreneurs purchasing owner occupied real estate, acquiring a business or franchise or buying out a partner.
SBA loan podcasts for business owners and entrepreneurs contemplating or currently applying for an SBA 7(a) or 504 loan to purchase real estate or business.
Financial Projections Yes, you do need financial projections. Financial projections provide potential lenders the information they require to make an informed decision regarding the future financial success of your new venture. You need to know these three things to ensure your financial projections are acceptable to the lender. First, your financial projections must span a …
All You Need To Know About Collateral The answer to this question is yes and no. The reason why it isn’t black and white is because it largely depends on a few variables. So let me bring some clarity to this question. If you are requesting a working capital loan less than $350,000 then it’s …
SBA Loan Timing There are many factors that determine how long it takes to apply for and close an SBA guaranteed loan. These factors include the experience and competence of your banker, the banks loan pipeline density at the time of your application, sufficient staffing levels, the banks internal processes including whether the bank uses …
SBA Guaranteed Loan The SBA, or Small Business Administration, is a Federal Government Guarantee Program that incentivizes banks to make loans to businesses who would otherwise not qualify for various reasons, such as, lack of time in business, experience or personal liquidity, or poor credit history etc. The SBA incentivizes partner banks by guaranteeing between …
