Bank & SBA Business Plans

An SBA-backed business loan is flexible, competitive lending designed to help entrepreneurs launch and grow their startups, acquire an existing business, or expand. These loans can be used for startup expenses, equipment and other capital expenditures, inventory, and even working capital.

the Support you need

We help our clients through the entire loan process, from beginning to end.

During our free, no-obligation consultation call, we'll tell you what your credit score, work experience, and equity stake need to be, and if you're not ready for a business plan yet, we'll explain the steps for you to get there. You can expect the same high quality of individualized attention throughout our time working together. And, at the end of our time together, we will make sure you understand everything in your plan so you can ace your loan interview.

For a startup or company acquisition borrowers to qualify for the 7(a) or 504/CDC SBA loan program, it requires a business plan that gives the loan officer precise information to develop a loan memorandum. 

This means creating a business plan that shows your company can meet debt service obligations, shows profitability inline with industry peers, and is built upon your professional experience. 

Increasingly, some lenders are requiring existing businesses to submit a business plan that demonstrates how the company will use the capital to support operations, a sales and marketing strategy, client retention, and how these lead to increased customer lifetime value (CLTV).

But it also means checking off every box in a laundry list of sections and sub-sections that are required by the SBA. While some people may think of bank lending as being easier to obtain than equity investment, the Funding Circle dispels that myth, saying, “Because the government backs SBA loans, the application process is notoriously tricky, and SBA loan requirements considered among the most strict. The application process can be lengthy and detailed, and you need to prepare for plenty of paperwork.”

Time and again, our clients have informed us that their SBA lender said their business plan was the best they'd ever seen.