Just A Few of Our Past Clients
Gas Stations
Manufacturing
Car Washes
Restaurants
Day Care
Franchises
Professional Practices
Athletic Facilities
HVAC Companies
Plumbing Companies
Adult Care Facilities
Medical Facilities
Self Storage
Whatever your business, we’ve got you covered
Talk with one of our SBA HERO specialists about an SBA 7a and 504 business plan for loan requests. We will review your opportunity and strategize through a shared collaboration. The SBA HERO specialist is not only there to listen but to help overcome roadblocks and help you understand your chances of a loan approval based on the information provided. We start with the basic business plan outline and build from there. The basics include the executive summary, type of business, organization and management, products and services, analysis of your competition, and marketing plan.
7a Loans
The 7a Loan Program is the most widely used and diverse program the SBA offers. The 7a loan can be used for Business Acquisitions, Real Estate Purchase, Inventory, Partnership Buy-outs, Construction, Tenant Improvements, and Equipment Purchases to name a few. In most cases the maximum loan amount is $5 Million. The business applying for the loan must be for profit. This program is offered in all 50 States. A detailed business plan with financial projections that demonstrates the company will be able to repay the loan is essential when applying. Underwriters and Loan Committees take this presentation seriously when making a credit decision.
504 Loans
The 504 Loan Program is used primarily for acquisition of existing buildings, construction of a buildings, long term equipment and machinery. The business applying for the loan must be for profit. This program is offered in all 50 States in the USA. The 504 loan program uses not only a lender like a traditional bank but also uses a Certified Development Company (CDC). This means that the bank, CDC and the SBA will all review and make a credit decision. The business plan and projections will be essential in the approval process. The CDC, SBA and the Lender take this presentation seriously when making a credit decision.
Making Time For You
Time is important and in many cases the most valuable thing a person can spend. This is a powerful truth about the value of time. It cannot be held, seen or touched. Here at SBA HERO we value this concept of time. We have a business plan template that covers all of the lenders' needs when seeking SBA 7a and 504 lending. We anticipate roadblocks, establish tasks and time goals and manage work expectations. Your schedule may not always be 9 to 5. We understand that and will work with you outside normal working hours and even on weekends. When we are engaged we make the best use of our time and deliver results.
COMMUNICATION IS KEY
Coming together is the beginning. Keeping together is progress. Working together is a success.
When you talk we actively listen. We are here to not only create a business plan that is well thought out, but has the information that financiers require. An SBA, 7a or 504 Loan requests will in many cases not make it into underwriting without the business plan. A well written business plan can increase the likelihood of a decline to approval. This comes from decades of experience of working in the SBA industry and helping get millions of dollars approved for clients.
Supporting your growth every step of the way
Our business plan specialist are only a phone call away, so you can focus on other aspects of your business.
3.5 WEEKS
Average Project Timeline
Referral Business
Repeat From Clients & Lenders
2 HOUR
Average Workday Response Time
Knowledge that will help business owners succeed. Clients see the difference and so do the lenders.
Based on experience
