SBA Loans Requirements

Those are just the general requirements that they ask; they still have additional documentary requirements and program-specific requirements. It’s too much of a hassle and regularly, people back out from it.

If you don’t want to go through all of these, you can work with us here at Business Funding Team. Unlike the SBA loan requirements, the documentation and the qualifications we have are lenient. We help not just long-existing businesses but even new small businesses and new ventures, too!

What Our Requirements Are

The general requirements we would need would be your personal credit score (business, if you have), business plan, the history with other lenders, age of business (if you have), bank statements (personal and business, if you have), and the collateral.

With those, we can already evaluate your application to check whether or not you’re eligible for our loans. The requirements for SBA loans are looked by many people as exhausting; not only that, the processing time is a killer too.

So if you need the funds fast and urgently and if you don’t want your time wasted, work with us here in Business Funding Team. We’re the only funding and lending company capable of providing loan programs almost similar to what the SBA has – not just with the interest rates, of course.

Whether you’re a new business or an old business in the market, you can count on us to provide the funding you need!