Approved : how to get your business loan funded faster, cheaper & with less stress / Phil Winn.

Format:

Book

Author/Creator:

Winn, Phil, author.

Language:

English

Subjects (All):

Small business--Finance.

Small business.

Physical Description:

1 online resource (x, 228 pages) : illustrations

Edition:

1st ed.

Place of Publication:

New York, New York : M.J, [2016]

Summary:

This straightforward road map guides you through the SBA loan approval process-from business plan preparation to submitting a foolproof application. Few entrepreneurs are aware of the benefits and opportunities available through the Small Business Administration (SBA), mainly because there are few resources available to guide them through the process. Approved was written to fill that gap by providing a step-by-step guide to SBA loan approval-bypassing the difficulties, delays, and expenses that can complicate the procedure. After finishing Approved, you will be able to highlight strengths (and mitigate weaknesses) from a lender's perspective, provide a simple business plan identifying how the business will be profitable for the long term, and accurately prepare a business loan application that can be immediately submitted through underwriting-unlike most business applications.

Contents:

Intro

Title

Copyright

Contents

Introduction

Part One: 21 Reasons Why You Want an SBA Loan

Chapter 1 Why You Want an SBA Loan: Reasons 1-11

Chapter 2 Why You Want an SBA Loan: Reasons 12-21

Part Two: SBA Terms, Conditions, and Eligibility

Chapter 3 Types of SBA Loans Available

Chapter 4 SBA 7(a) Loan Eligibility

Chapter 5 SBA 7(a) Loan Terms and Conditions

Part Three: Your Credit Profile

Chapter 6 The Personal Credit Profile

Chapter 7 The Business Credit Profile

Chapter 8 The SBA Application Credit Profile

Chapter 9 The SBA Lender Credit Profile

Part Four: The Business Plan Questionnaire

Chapter 10 The Business Plan Questionnaire

Part Five: The SBA Loan Application

Chapter 11 The SBA Loan Application Checklist

Chapter 12 Business Loan Application Summary

Chapter 13 Sources and Uses of Funds

Chapter 14 Business Debt Schedule

Chapter 15 IRS Form 4506-T

Chapter 16 Business Information and History Form

Chapter 17 Financial Projections

Chapter 18 Personal Financial Statement-SBA Form 413

Chapter 19 Personal Income and Expense

Chapter 20 Statement of Personal History-SBA Form 912

Chapter 21 Management Résumé with Eligibility

Chapter 22 Credit Authorization

Chapter 23 Closing: Next Steps

About the Author.

Notes:

Description based on print version record.

ISBN:

9781630475642

1630475645