• Skip to main content
  • Skip to header right navigation
  • Skip to site footer

(858) 997-1755Schedule Discovery Call

ThinkSBA

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.

Get Started
  • Loan Options
    • Business Acquisition
    • Franchise Acquisition
    • Partner Buy-Out
    • Real Estate Purchase
  • Loan Payment Calculators
    • Real Estate Loan Calculator
    • Acquisition Loan Calculator
  • Resources
    • About
    • Blog
    • Podcast
    • SBA 504 Rates
    • FAQ
  • Recently Funded
  • Get Started
abstract diagonal white grey background

Do I Need a Business Plan To Obtain an SBA Guaranteed Working Capital Loan?

by Ryan Smith on June 9, 2019 (Updated: March 25, 2024)

Business Plan

The simple answer is yes you do. The purpose of the business plan is twofold.

Number one, it demonstrates to potential lenders your fitness as a business owner and entrepreneur to develop and execute a winning business strategy.

Number two, it provides these same lenders the information they require to make an informed credit decision regarding the future financial success of your new venture.

Section Titles

When drafting your business plan answer these questions to ensure your business plan meets the strict demands of underwriting; who, what, where, when, why, how and how much.

Your business plan should be comprised of the following sections, a Cover Sheet, Statement of Purpose, Business Summary, Marketing Analysis, Financial Analysis and any other necessary Supporting Documents.

Writing a business plan is not easy. But don’t worry, we’re able to connect you to a professional who can help you every step of the way. Simply give us a call at 858-762-2774 or visit our website at thinksba.com/contact.

My SBA Loan Pro

The My SBA Loan Pro Podcast is hosted by Your SBA Loan Pro, Ryan Smith. In each episode Ryan provides valuable information and best practices regarding the SBA loan program.

Each episode is approximately one minute in length and addresses topics related specifically to SBA 7(a) and 504 loan programs to purchase real estate, acquire a business or franchise and obtain working capital.

You’re encouraged to listen and subscribe to ensure you’re notified each time a new episode is available. Ryan publishes a new episode weekly on Tuesday mornings, unless he’s kidnapped to a deserted island of course.

You can listen and subscribe on your favorite platforms including Apple Podcasts, Spotify, Google Podcasts, Anchor and Stitcher.

Category: SBA Loan Podcasts, Small Business LoansTag: SBA Loan Podcasts

About Ryan Smith

Ryan Smith is Principal and Founder of ThinkSBA®, and Creator of The My SBA Loan Pro Podcast. Ryan specializes in assisting business owners and entrepreneurs with obtaining financing to purchase owner occupied real estate, acquire a business or franchise, or buy out a partner. Ryan accomplishes this by leveraging over eighteen years experience inside two of America’s top financial institutions.

Previous Post:sba 504 7(a) loan program purchase real estateSBA 504 Guaranteed Loan Program To Purchase Real Estate Explained
Next Post:SBA 7(a) Guaranteed Loan Program To Purchase or Refinance Real Estate Explainedsba 504 7(a) loan program purchase real estate

Apply for an SBA loan like a Pro.

Choose ThinkSBA for your next small business loan and rise above the competition.

Get Started

Contact ThinkSBA

  • (858) 997-1755

  • [email protected]

  • San Diego, CA
    No Drop-ins. By appointment only.

  • DRE #02082585

Learn

Business Acquisition

Franchise Acquisition

Partner Buy-Out

Real Estate Purchase

Resources

Blog

Contact

Podcast

About

FAQ

SBA Insider Newsletter

Join hundreds of smart business owners who receive the latest SBA news and interest rate updates monthly. It’s free. Unsubscribe anytime. No spam.


  • Facebook
  • Instagram
  • LinkedIn
  • Twitter
  • YouTube

Copyright © 2025 · Silver Strand Capital LLC · All Rights Reserved · Powered by BizBudding · Return to top