Slam Dunking SBA Guarantees

I’m feeling that many women owned

businesses are shying away from continuing with the process of securing a SBA loans and for that reason I’d like to encourage those who have or will start the process to continue with it because it’s a slam done when all T’s are crossed and I’s dotted!

Compiling the information is important and answering the questions that concern the underwriters must be addressed in the documentation to avoid delays. Of course, knowing these questions is only half the battle.

When I put together a SBA loan I start with the end in mind and that is the obtainment of the SBA guarantee and work my way through the package. This is not always easy but it’s necessary to pull together all of the necessary information to avoid submitting incomplete packages that will only frustrate underwriters and possibly cause them to halt or decline the loan.

I’m looking forward to continuing the conversation. Stay tuned!

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