Please be advised that SBA-Express.com and its Parent Company, Fiscal Resource Consulting, Inc. are not affiliated with the United States Small Business Association. They are, however, affiliated with several SBA Bank and Non-Bank SBA credit providers- and possess a strong knowledge relating to Partner lender portfolio preferences. Accordingly, this website and marketplace match Businesses to Partner lenders most likely to approve their credit requests based on credit, earnings, industry type, and other pertinent information. While many of the facilitated loans and credit lines require an SBA Guarantee (typically through a preferred lender provider), there are instances where recommended banks will lend to businesses conventionally.
Lenders need to understand what the proceeds of the loan are being apportioned properly within compliance guidelines.
Lenders require specific SBA-standard forms for all owners with 20% or more ownership:
Detailed info on the business, its history, and its owners.
A snapshot of personal assets, liabilities, and income for all guarantors.
Articles of Incorporation, Operating Agreements, or Bylaws.
Any local, state, or federal licenses required to operate where applicable.
A copy of your current lease or a signed Letter of Intent (LOI) for a new location where applicable.
Minimum is typically: $1MM per occurrence / $2MM aggregate.
Business Personal Property OR Inland Marine: ACORD 28 form, endorsing the bank as Lenders Loss Payable and Certificate Holder. (Note: Only this specific certification will be accepted—Loss Payee will be rejected-important to note with Insurance Brokers)
All covered locations are explicitly included on the certificate.
ACORD 25 form, with the bank listed as additional insured and certificate holder.
Insurance endorsing the bank as Certificate Holder Please ensure the business location(s) are included in the description: Also, confirm that the entity name matches the registration with the Secretary of State:
