SBA Loan guarantee (7a) fundamentals
U.S. Small Business
Administration
For start
up businesses, you will need to present to your banker the following:
1.
Amount of loan request and purpose for which it is to be used.
2. Amount you and others have to invest in the business.
3. Personal financial statements of the owners.
4. Detailed projection of earnings and expenses for at least
the first year of operations.
5. Collateral offered.