How Small Business Lending Works

How Small Business Lending Works

SBA Loans make it easier for small businesses to qualify for financing when they may have struggled receiving conventional loans. Prime Commercial Lending underwrite and fund SBA loans with a portion of the loan guaranteed by the federal government if the borrower defaults.

What will you need to obtain and SBA loan:

  • Loan request form
  • Management profile
  • Interim financial statement:
    • Balance sheet
    • Income statement
    • Business financial statements for the last 3 years
    • Profit & loss projections (for next 3 years),
    • Last 3 years of business & personal tax returns.
 Here are some other SBA Programs

More Information about SBA Lending

 Feel free to reach out to one of our friendly loan officer to talk about your small business financing needs at 866-611-7457 Ext.1 or apply online and click here; before we run credit, you will call you to talk about your need first to come out with the best solution.