SBA DOES NOT MAKE LENDING COMPLICATED.

Over the past few months I have been receiving prospect referrals that are interested in my Small Business Administration financing, but during the underwriting process, these prospects are calling me and stating that they just talked to someone that say the Small Business Administration financing is a complicated and tumultuous process.

So as a specialist in SBA financing, I always have to ask the question, (And I always know what the answer is going to be as well), “who is it that you are getting this information from?” Low and behold, they always state a third party that has never done nor has never been through the SBA process.

What many people fail to understand is that the Small Business Administration was created to support the small business owner. The SBA practically will qualify any type of business as long as the business is not in business as a non profit, religious, sexual in content, or gambling. Pretty much every other type of business can qualifies.

Additionally, depending on the company you choose to finance your SBA loan, the underwriting process should only take approximately 45 days to complete. The only issues that could slow the process down once all the borrower’s documents are in underwriting would be either the borrower’s credit score is below 660 or the borrowers have felonies or misdemeanors on their records. But, even these issues can be overcome in a timely manner if you are working with a specialist that understands the SBA process.

So, if you are talking to someone about the Small Business Administration loan program, and they state that it would not be the best direction to take for financing, then, before you go any further with that discussion, ask them if they have done a SBA loan or have gone through the process. More than likely, they have not and will state that, the information they are giving you was told to them.

If you would like more information on the Small Business Administration, visit http://www.sba.gov or you can call Option Capital Management LLC. 407-409-8262 to see about getting prequalified for a small business administration loan in approximately 48 to 72 hours.