Hi all
I am exploring possibilities to move to the USA to maximize my chances of buying businesses within the renewable/energy efficiency sectors.
I started to search the SBA loan eligibility for non-USA Citizens with Legal Permanent Resident status or with VISA.
It looks like there might be three challenges : . personal credit score (minimum 640) . personal guarantee. . VISA-specific purpose and for a temporary period. I wonder if there are restrictions on what I can do or not do under the VISA.
I then had some Time Thinking process with a few questions popping up…
I would be super grateful if one of the SBA loan experts in the SearchFunder network could help by sharing any insights or recommendations on the following questions:
. How can I accelerate my credit score eligibility for an SBA loan when arriving (or before arriving) in the USA to reach 640 the fastest way?
. Do you need US-based collateral as a personal guarantee or is it only an unsecured personal guarantee ?
. Do you know a VISA advisor I can reach to check the best way to prepare my VISA to allow me to be eligible for a SBA loan?
. Do you know/experienced any other challenge meeting eligibility for SBA as a Non-Citizen - new Legal Permanent Resident in the USA?
. Is there anything I can plan before arriving in the USA that can help SBA Loan eligibility?
I will most likely Partner with US Resident which might help also…
Luis
https://www.sba7a.loans/sba-7a-loans-small-business-blog/sba-loans-for-non-citizens
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