How do I apply for an SBA franchise loan?

Q: How do I apply for an SBA franchise loan?

You’ll apply through an SBA-approved lender (not directly to the SBA). Many banks and specialized finance companies offer SBA loans. The application will involve detailed paperwork – franchise agreement, financial statements, tax returns, business plan, etc. It’s wise to work with a lender experienced in franchise lending. At Liberty Franchise Lending , we assist borrowers in preparing a complete SBA loan package and connect you with SBA preferred lending partners. This guidance can significantly improve your chances of approval. To start, you usually have an initial consultation or pre-qualification, then fill out the lender’s SBA loan application forms and provide documentation. The lender will handle submitting the loan to SBA for approval once they underwrite it.

You’ll apply through an SBA-approved lender (not directly to the SBA). Many banks and specialized finance companies offer SBA loans. The application will involve detailed paperwork – franchise agreement, financial statements, tax returns, business plan, etc. It’s wise to work with a lender experienced in franchise lending. At Liberty Franchise Lending, we assist borrowers in preparing a complete SBA loan package and connect you with SBA preferred lending partners. This guidance can significantly improve your chances of approval. To start, you usually have an initial consultation or pre-qualification, then fill out the lender’s SBA loan application forms and provide documentation. The lender will handle submitting the loan to SBA for approval once they underwrite it.