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How to Prepare Your Loan Application

Each SBA loan program has its own eligibility criteria and application process. However, as you prepare to submit your paperwork, you will need to gather and prepare similar documentation.

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    Credit Factors

    This section provides important information about the factors that lenders take into consideration when reviewing loan applications.

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    Before you seek financial assistance, you should thoroughly assess your current financial situation.

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    State and local economic development agencies as well as numerous nonprofit organizations provide low-interest loans to small business owners who may not qualify for traditional commercial loans.

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