Step 1:
You will complete the Pre-Qualifying Questionnaire (PQQ) to determine if you may qualify to apply for an SBA-guaranteed loan or a business loan.
Steps 2-3:
If qualified for SBA, you will complete the detailed Request for Information (RFI) forms.
If not, you will be advised where to go to and what to do, to help improve your chances of getting an SBA-guaranteed loan. You will also be advised of other funding options.
Steps 4–5:
The Funding Accelerator (FA) coach will discuss with you the available SBA loan programs you will most likely qualify for. You will also be provided a list of SBA accredited banks in your area. Likewise, you will be given programs by other financial institutions such as private lenders in case you do not qualify for an SBA-guaranteed loan.
Steps 6-11:
Business Plan Writing – A well-written business plan is key to the approval of your loan application. The PQQ and RFIs you filled out will be our foundation in writing a dynamic business plan for you. You will be assigned an FA business writer and a financial analyst to help you with this.
Step 12:
Submission of your business plan to an SBA accredited bank or private lender along with the application forms.
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