Guides

Plain-English loan guides

Short reads that explain how SBA and commercial lending actually works — no jargon, no sales pitch, and no rate or payment quotes. Every guide ends with the free tools that put it into practice.

Educational only. Verify everything against current SBA rules and your lender's own policies.

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SBA 7(a) vs 504 in plain English

The two big SBA loan programs, explained side by side — what each one is for, how the money is structured, and how to tell which conversation to start with a lender.

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What lenders look at before saying yes

The handful of questions behind every business loan decision — cash flow, credit, collateral, equity, and character — and what you can do about each one before you apply.

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Declined by a bank — what to fix and try next

A decline is information, not a verdict. How to find out why, which problems are fixable, and which lenders and programs to consider talking to next.

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How much down payment an SBA loan really needs

The 10% rule for startups and acquisitions, how 504 contributions climb for new businesses and special-purpose buildings, what counts as your injection, and how lenders verify it.

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Buying a business with an SBA loan

How SBA acquisition financing actually works — the 10% injection, seller notes on standby, valuations, due diligence on the seller's numbers, and the transition story lenders need to believe.

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SBA microloans for very small requests

When the need is $50,000 or less, the microloan program and community lenders are built for you — smaller checks, friendlier screens, and coaching that comes with the money.

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The documents lenders ask for and why

The loan file, explained by purpose instead of by checklist — what each cluster of documents proves, which ones take longest, and how to gather them without drowning.

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Business plans lenders actually read

What loan underwriters really do with your business plan, the sections that carry weight, the length nobody needs, and how to write for a skeptical reader in plain English.

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"Free help: SBDC, SCORE, WBC, VBOC explained"

Four national networks will help you prepare a loan file, review your plan, and talk through your options at no cost. Who each one serves and how to actually use them.

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How this site protects your privacy

Loan preparation involves sensitive information. Learn how browser-first calculations, optional verified accounts, private workspaces, and strict data limits protect program users.

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