Four main things
will affect the cost of your SBA loan from Smartbiz:.
Smartbiz is our recommendation for the quickest and most streamlined SBA loan.
Smartbiz Businesses needing up to $350,000 with repayment terms of 10 years.
Smartbiz streamlines the application process
and can get you approved online in minutes.
Smartbiz can fund working capital SBA
loans up to $350,000 within 30 days.
Smartbiz offers rates as low as 7% and loans from $500K- $5MM.
Smartbiz offers rates as low as 7.00% and loans up to $5MM.
Smartbiz is the fastest way we know of to get an SBA loan.
Smartbiz is our recommendation for the quickest and most streamlined SBA loan process.
The standard loan
terms for an SBA loan for working capital through Smartbiz are:.
Smartbiz SBA loans have rates between 6-9%
and terms of up to 10 years.
Smartbiz offers these SBA loans up to $350K
and repayment terms up to 10 years.
Once you provide this information, Smartbiz will check your personal credit and business credit.
Congratulations- you have now successfully
completed the process of obtaining an SBA loan from Smartbiz!
Smartbiz and the lender will check your business credit
as part of application and underwriting.
Smartbiz has the fastest funding times that we have seen
for SBA 7(a) loan under $350,000.
Smartbiz's online loan application can have
you prequalified in minutes and funded in 30 days or less.
Referral and packaging fee- Smartbiz charges a 2% one-time referral fee
and a 2% one-time packaging fee.
Evan Singer, President of Smartbiz, suggests doing two things to make sure
you can afford the loan:.
Smartbiz is an SBA lender that offers rates
as low as 7.00% and loans up to $5MM.
Smartbiz is an experienced SBA lender that offers
rates as low as 7.00% and loans up to $5MM.
We also used Smartbiz ourselves to obtain an SBA loan so we could grow
and hire more staff.
Smartbiz can provide you with SBA loan up to $350,000,
and you typically can get funded within 30 days.
After you upload all the documentation that's needed, Smartbiz will review everything to make sure it checks out.
If you fail to pre-qualify with Smartbiz, they will suggest some ways for you to improve and come back.
In addition, lenders can use Smartbiz's technology to get a clear picture of the business
faster than they otherwise could.
Using technology to speed up the process, Smartbiz can fund your approved loan in as quick as 30 days.
If you need only $350,000, an SBA 7(a)
loan with Smartbiz can be much quicker than an SBA line of credit.
SBA loans through Smartbiz are good for prime borrowers(680+ credit score)
with long-term capital needs and who don't need immediate funding.