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The SBA and PRO
Thursday, June 3, 2010
SBA 7(a) Rate Update
Indices-
PRIME RATE= 3.25%
SBA LIBOR Base Rate June 2010 = 3.35%
SBA Fixed Base Rate June 2010 = 6.24%
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Jim Ely the sbapro
Jim Ely has been doing SBA loans since 1984 when he began working at Stultz Financial.
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SBA weekly lending update
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jim@sbapro.com
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Loan Application
To apply for a SBA loan, you will need to provide:
1) Your personal financial statement
2) Your business and personal tax returns last three years
3)
A current balance sheet and income statement for your business
That's enough to let you know if you are pre-qualified for a SBA loan.
We are paid by the lender!
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