To apply for an SBA loan you need to:
Visit lendio.com and select the Apply for Financing button in the top right corner.
Start completing your application by providing necessary information about your business, financing needs, and contact details.
If you are eligible to apply for an SBA loan, you’ll be asked to provide the following documents:
2 years of personal tax returns from every owner who has at least 20% or more ownership in the business
2 years of business tax returns
Current balance sheet
YTD profit and loss statement
Debt schedule
Review your application and hit submit.
You’ll be assigned a Funding Expert who will present you with your financing options and make sure you make the right choice based on your business needs.