We now have an FAQ list that we hope will help
you answer some of the more common ones.
1. How long does the process take?
The process on average takes about 8 weeks.
Loans can close faster if information is given in a timely manner
2. Can I go to my own bank to acquire a loan?
Yes you can, but that process could take double the amount of time of going through SBA Funding Group and at the end of the process, if the bank determines to not go through with your loan you will have to repeat the process all over.
3. How do you determine how much I borrow?
For every $25,000 of taxable income (after taking out for a livable wage), a business is eligible for $100,000 in loan.
4. Can I borrow more in the future?
Yes and SBA Funding can help you with any future loan needs
5. Why work with SBA Funding?
Working with SBA Funding saves you time and frustration. At our company we do all the heavy lifting in terms of acquiring the loan and if one bank doesn’t grant you your loan, we have over 50 additional banks in our network to choose from.
Give us a call or fill in the form below and we'll contact you. We endeavor to answer all inquiries within 24 hours on business days.