Looking for an SBA Loan?

Finding a good SBA lender in today’s credit environment is not easy. Some of the lenders have a Preferred Lender agreement with the SBA that enables them to issue and fund guaranteed loans quicker than other lenders. Not all lenders make the SBA process smooth for the borrower. Some lenders understand the program better than others; which results in a much better experience for the business owner.

Government guaranteed loans are worth the extra effort. Try not to get too discouraged by the process as you pursue commercial credit. These loans take time to understand and approve. Try to give yourself enough time to pursue a loan request. Although you can get SBA loans approved within 45 days, the typically SBA loan will take 60-90 days to get approved and funded. If you prepare for this lead time, you will save yourself and the lender a significant amount of stress.

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