5 Tips for Getting an SBA Loan
Apply for an SBA loan: https://www.fundera.com/apply-for-a-loan?aid=nerdwallet/#/questionnaire
SBA loans come with low interest rates, long repayment terms and can be used for a variety of purposes. But getting approved for one isn’t a simple task. We walk through 5 tips for improving your chances of getting an SBA loan.
More resources:
SBA loan types and how to apply: https://www.nerdwallet.com/article/small-business/small-business-loans-sba-loans
SBA loan requirements: https://www.nerdwallet.com/article/small-business/sba-loan-requirements
In this video:
00:00 Intro
00:32 Boost your credit score.
01:28 Create a strong business plan and loan proposal.
02:34 Offer collateral.
03:13 Get your paperwork in order.
04:10 Work with a preferred lender.
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