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We’re here to make your job easier
Let’s get started! The SBA Complete 5-Step Process to achieve SBA Success for Loan Officers and Business Development Officers We have prepared the following 5-step process to help you
as a lending professional most effectively and most efficiently
make use of the services we offer your institution. Working with
SBA Complete is SIMPLE. You can get started today by
completing this short questionnaire and getting it over to us.
The whole point is for us to do the heavy lifting for you so you
can focus on moving on to the next deal.
Working with SBA Complete is nice and easy
STEP 1 Screen your potential SBA loan. Answer these 9 QUICK questions about the borrower.
1) Loan amount requested $ __________________________
2) Use of loan proceeds
Purchase Real Estate ____________________________
Property Improvements ____________________________
Purchase Equipment ____________________________
Purchase Furniture/Fixtures ____________________________
Purchase Inventory ____________________________
Debt Refinance ____________________________
Business Acquisition ____________________________
Working Capital ____________________________
3) Down Payment ____________________________
Use SBA loans to easily increase your production
and let us do all the work!
4) Collateral – what type of collateral is the borrower willing to pledge to secure the loan?
Real Estate $__________________________
Machinery/Equipment $__________________________
Inventory $__________________________
Other $__________________________
5) Target funding date ____________________________
6) Business type or industry ____________________________
7) Years in business or experience ____________________________
8) Owner User/Owner Operated. If this is a real estate purchase will
the borrower occupy 50% or more of the property? YES or NO
9) Location ____________________________
STEP 2
Once you have answered these 9 questions, email them to us and let’s set up a call to review the answers and determine if we have a deal.
STEP 3 We will work with you to get a proposal generated that will outline the rates and terms of the deal to your borrower. The proposal will also request a deposit be collected in order to get the borrower to commit to your bank. The standard deposit amount is $2,500.
STEP 4 Once the borrower has reviewed the proposal and is ready to move forward please gather the items on the materially complete credit file checklist. These items can be forwarded to SBA Complete via our secure file transfer system. We will take it from there!
STEP 5 Once the package is complete, our underwriting staff will begin preparing the credit memorandum for approval by your institution.
We’ll take it from here. On to the next deal for you! Call or email me anytime!
Call o
Paul Foster 310-‐775-‐2432 pfoster@sbacomplete.com www.sbacomplete.com
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