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Biz Loans Acceptance
1521 N. Cooper Street
Arlington, Texas 76011
T: (817) 983-2558
F: (817) 983-2562
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SBA Loan Packaging
 SBA Loan Packaging are
government supported financing for your business.
They are an excellent source of funding for your
business. The Small Business Administration offers
a variety of loan guarantee programs. These
programs help a business that may not qualify for a loan
get approved on reasonable terms. The SBA does not
actually give you the money, the commercial banks will
loan you the money. Business Loans Acceptance will
package your loan in a presentable way that the banks
will.
There are several criteria
that must be met before you can completely qualify for
SBA loans:
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You must have some sort
of stake in the business. They want to see that you
are willing to give some of your own money into the
business. You will work harder if your money is at
stake.
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You must have a strong
business plan. This business plan should be
extremely detailed and tell exactly how you plan to
make money and how you plan to spend the money you
are requesting.
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You need good personal
credit scores. If personally you pay all of your
bills on time, than chances are you will be diligent
about paying back the business loan, and that is
what the SBA wants to see. There is a lot of
importance placed on this. It would be wise to check
your personal credit scores before you apply so you
know where you stand when you go into speak with the
lender.
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