Be sure you read up on the criteria you must meet to qualify for an SBA
guaranteed loan. Generally you are required to provide a good percentage of
the start up cash yourself; have good credit; provide strong collateral; and
have relevant experience in your chosen industry.
And of course, a formal business plan is a must. Hopefully the SBA can help
you start your business.
kburger | Community Moderator |
6/21/2012 - 9:34 am
Hi Joshua, you may want to look ar our blog post, Small Business Lending is Improving: Tips for Finding and Securing the Right Loan. Also, visit the, What SBA Offers to Help Small Businesses Grow section of the SBA.gov website to get a better idea of what SBA can do for you. We hope this helps!
bizplanhelper | Window Shopper | 6/21/2012 - 8:20 pm
guaranteed loan. Generally you are required to provide a good percentage of
the start up cash yourself; have good credit; provide strong collateral; and
have relevant experience in your chosen industry.
And of course, a formal business plan is a must. Hopefully the SBA can help
you start your business.
kburger | Community Moderator | 6/21/2012 - 9:34 am
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