SHANE PIERSON
Purveyor of Honest Capital
If you have known me for years, or lived around me, this picture makes sense…
My grandma used to bake with me constantly as a child and made my cookies the key to unlock new friendships. But for me there is more to it that I find comparison with in helping formulate an SBA loan. Baking is the art of transforming simple ingredients into something extraordinary. Yet this process isn’t just for bakers.
Let’s dive in.
Crafting an SBA Loan: A Baker’s Guide
Ingredients:
- Business & personal tax returns
- Clean Credit and a Personal Financial Stmt
- A clear business plan
- Projections and assumptions
The Process:
- Blend Thoroughly: Combine all ‘ingredients’ carefully. Your bank’s analysis will determine the potential of your loan.
- Knead with Care: Underwriting tests the strength of your application, ensuring your business can support the loan.
- Shape and Proof: Upon approval, get the documents with your closer ASAP and let them work their magic.
- Bake to Perfection: Finalize documents swiftly, and if all’s well, close the deal to enjoy the ‘freshly baked’ success of your SBA loan.
Just as with bread, not all loans rise as expected.
Why risk a half-baked result with an amateur? In the SBA loan process, precision, expertise, and patience are non-negotiable for that perfect outcome.
Elevate Your Business: Don’t settle for less.
Understand the process, work with a pro, and secure a loan that truly meets your business needs.
Ready to get the full recipe or need a master baker for your SBA loan?
Let’s connect for a conversation that could change the course of your business!
