Liquidating sba loans
The following are the five steps of the loan process and how we can help to guide you through it.
We aid in packaging the loan, putting together a comprehensive request on the behalf of the applicant and assuring that all necessary SBA documentation is compiled and fulfilled.
Because we are part of the PLP, the final credit decision, as well as servicing and liquidating authority rest with us rather than the SBA.
The SBA has trusted us because of our high level of experience in dealing with SBA loans.
SBA financing offers new and existing businesses a variety of lending options through various SBA loan programs.
Let our professionals help you determine the financing package that is best for you.
Some lenders are reluctant to get in the mix with SBA loans.
They worry about getting bogged down by time-consuming paperwork and meticulous criteria, and they certainly don’t want to lose a client who gets frustrated with their loan approval taking longer than they anticipated.
Capital Growth Solutions – the Gold Standard of SBA LSP’s – is a provider of that assurance.Both the 7(a) and CDC/504 loans have their own eligibility criteria and application process, as can be seen above.You can be prepared for the application process before you meet with your lender by gathering your personal and business financial statements, tax returns, collateral documents, articles of incorporation (if an existing business), resume and business plan (if starting a business) and more.With more than a century of direct SBA loan experience under our roof, we have a knowledge of the process that is totally unmatched by any other lender service provider, and we have the expertise to turn dealing with the SBA from a frustration into one of the most profitable partnerships that your organization may have.We work closely with you throughout the whole process to make sure that the loan isn’t just filed; it’s taken care of.