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Do I Need a Business Plan To Obtain an SBA Guaranteed Loan?
The simple answer is yes you do. The purpose of the business plan is twofold.
Number one, it demonstrates to potential lenders your fitness as a business owner and entrepreneur to develop and execute a winning business strategy.
Number two, it provides these same lenders the information they require to make an informed credit decision regarding the future financial success of your new venture.
Resources
https://mysbaloanpro.com - My SBA Loan Pro Podcast
https://youtube.com/@mysbapro - YouTube Channel
https://thinksba.com/faq - Frequently Asked Questions
https://mysba.pro/page - Google Business Page & Reviews
https://mysba.pro/cal - Schedule Call
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By Ryan Smith
5
1010 ratings
The simple answer is yes you do. The purpose of the business plan is twofold.
Number one, it demonstrates to potential lenders your fitness as a business owner and entrepreneur to develop and execute a winning business strategy.
Number two, it provides these same lenders the information they require to make an informed credit decision regarding the future financial success of your new venture.
Resources
https://mysbaloanpro.com - My SBA Loan Pro Podcast
https://youtube.com/@mysbapro - YouTube Channel
https://thinksba.com/faq - Frequently Asked Questions
https://mysba.pro/page - Google Business Page & Reviews
https://mysba.pro/cal - Schedule Call
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