SBA Pre Qualification

by a searcher

10 months ago

Hello, I am new to the searcher platform and have just recently found out about the SBA.

I would like to know how to pre qualify for an SBA loan. Is there a website which would allow me to do the pre qualification myself? Or do I need to contact a Bank?

Also, What does a pre qualification letter say and will it help me in any way?

Thank you

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3 comments

searcher from Virginia Polytechnic Institute and State University (Virginia Tech)

Pre-qualification isn’t really a thing. The underwriting is mostly about the deal, not the person, provided the person is bankable and has a reasonable resume. You could certainly find out if your bankable.

10 months ago | like reply | 0 likes

lender from Eastern Illinois University

We would be happy to assist you with this. We do pre-qualifications for our clients all the time. You can go to a Bank as well, but there are two levels of pre-qualification. One, are you pre-qualified to buy a business in general, and secondly, are you pre-qualified for a specific business. Happy to talk through it. You can reach me here or directly at --@----.com

10 months ago | like reply | 0 likes

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