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My Funding Expert advised me to reapply for an SBA loan in 2-3 months. What are the next steps?

Updated over 3 weeks ago

Please focus on gathering and updating the following documents to prepare for your SBA loan reapplication. Your Funding Expert will guide you through the final submission process.

  • Last 6 months of bank statements

  • Last 2 years of personal tax returns

  • Last 2 years of business tax returns

  • Year-to-Date Profit and Loss Statement (PDF format - easily exported from QuickBooks)

  • Business Debt Schedule (PDF format - template attached)

  • Current Balance Sheet (PDF format - easily exported from QuickBooks)

You will also be required to re-sign your application.

Important Note: Please be aware that business owners with an undischarged bankruptcy within the last 5 years are not eligible for SBA loan consideration.

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