5 Questions an SBA Lender Will Ask Small Business Owners

5 Questions an SBA Lender Will Ask Small Business Owners

Before applying for an SBA loan, it’s important to understand the questions a lender will ask, such as the purpose of the loan, credit score, the amount needed, a detailed business plan, and collateral offered. By preparing answers to these questions, small business owners can increase their chances of securing the financing they need to grow their business.