Today's SBA Loan Tip For Business Opportunity Acquisition Loan/Financing: The SBA Loan Approval Process Should Only Be 3 To 5 Days Long
We get many referrals from bankers, brokers, and small business consultants whose clients have been bogged down with the underwriting process at a SBA lender. In many instances banks (without our assistance) will take up to 3 weeks for the
SBA loan approval process (loan committees, etc)! When buying a business, timing is everything and most buyers and sellers can't wait an excessive time to find out whether a deal has been SBA loan approved for business purchase financing! The right SBA lender (who doesn't have a backup) should only take 2-5 days for a full approval letter of confirmation to be produced.
Technorati Tags:
financing,
small business•
Technorati •
del.icio.us •
Digg It •
Furl •
ma.gnolia •
Spurl •
Yahoo MyWeb
Comments:
