New SBA Tool Helps You Find Loans For Your Business

THERE’S A NEW WAY TO FIND MONEY for business and real estate from the Small Business Administration (SBA). It’s called Lender Match.

Here’s how it works.

Describe your needs. Answer a few questions about your business in as little as five minutes.
Get matched in two days. Access a curated list of lenders who express interest in your loan.
Talk to lenders. Compare rates, terms, fees, and more.
Apply for a loan. Submit loan applications and paperwork. You’re well on your way to securing a business loan!

K-40 : The IWS Complete Business Plan Kit

$48.00

Perhaps the most thorough and complete business plan kit on the Internet today, the IWS Business Plan Kit shows how to prepare a business plan to raise money for any business. It is complete with several examples of successful business plans.

SKU: K-40

Get Ready

Before you start talking to lenders, have a look at the abbreviated checklist below to see if you’re ready for a traditional SBA loan.

Business plan. Most lenders expect a business plan when you apply for startup funding. If you need to create one, follow our free business plan guide.
Amount and use of funds. Know how much capital you need and how it will help your business. You can’t use an SBA-approved loan to flip a house.
Credit history. Lenders use credit scores to determine credit risk and interest rates. SBA helps guarantee some loans that otherwise may not qualify.
Financial projections. Show you understand your business’ finances, how the funds will be used, and how you’ll pay back the loan.
Collateral. Many lenders require you to use another asset to guarantee your loan. This can be a home, car, inventory, or other property you own.
Industry experience. Industry experience isn’t required, but it’s helpful. Firsthand knowledge about your industry can make your lender feel confident about making a loan.