Indices:
PRIME RATE= 3.25%
SBA LIBOR Base Rate May 2011 = 3.21%
SBA Fixed Base Rate May 2011 = 5.96%
Lenders can charge up to 2.75% over these indices
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About Me
- Jim Ely the sbapro
- Jim Ely has been doing SBA loans since 1984 when he began working at Stultz Financial.
Index to what's here
- Current rates (125)
- SBA loan basics for borrowers (13)
- SBA weekly lending update (124)
- self-storage (7)
- tip of the week (241)
Questions?
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.
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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