Get answers to your most pressing questions about SBA guaranteed loans.
Is ThinkSBA Right For Me?
ThinkSBA is a one of a kind Loan Advisory, Analytics and Brokerage firm serving privately held, family owned small businesses and entrepreneurs who are purchasing real estate, acquiring a franchise or business or are seeking working capital to expand or start a business.
We bring unmatched experience in structuring SBA Guaranteed Loan facilities for our clients.
Our core values are transparency, speed and accuracy.
Do you charge for your service?
Our standard fee outlined in the fee agreement is 1% of the gross loan amount. The fee is considered earned after the loan funds not before. That means we do not charge an up front fee of any kind. Our goal is aligned with your goal to ensure we are both working together in good faith striving for the same outcome!
How long does it take to fund the loan?
The time it takes between submitting a full loan package to the funding of the loan is typically 45 - 60 days. This largely depends on how quickly you, the loan applicant, responds to questions and requests for documents, signatures etc. There are also other factors including the lenders deal flow, stimulus packages, staffing etc.
Also, I have two podcast episodes that address this question in more detail.
May I contact you after I have been matched to a lender?
Yes, in fact we are with you throughout the entire process. This means we are communicating with the lender and you to make sure everyone is on the same page until the loan funds.
What if the lender I’m matched with isn’t able to fund my loan?
Yes, this happens sometimes. Don't worry, we work with you to ensure that more options are always ready to proceed so that if the chosen lender isn't able to perform, there is another lender ready to pick up and run with your loan application. Always being prepared for unexpected challenges is one of the advantages of working with ThinkSBA.