SBA Program
You’re Invited to Get Pre-Approved!
SBA Program, designed for various business types including:
- Gas Stations
- Industrial / Warehouse
- Manufacturing
- Bowling Alleys
- Restaurants
- Adult Living Facilities
- Night Clubs / Bars
- Office / Retail
And More…
If you operate or plan to start a business in one of these sectors, our SBA Program is an excellent fit. This nationwide program offers bankable terms for unbankable borrowers, making it perfect for those with little to no experience or those starting a new business.
Nationwide Availability:
The PhoneOps SBA Program is available nationwide!
Program Guidelines:
- Loan Amounts: $250,000 to $5,000,000
- Loan Terms: 10 to 25 years
- Interest Rates: 5% to 10%
- LTV: Up to 90%
- Minimum FICO: 680+
- Collateral: Real estate-backed loans only
- Term Specifics: 25-year fixed terms are available for loans over $500,000
- Industry: All industries will be considered
- Closing Time: As soon as 3 weeks
- Proof of income
- Application Fee: $295 (Waived)
- Tri-Merge Credit Report fee of $57
- Valid Driver’s License or State ID
- Checking account
- Social Security number
Take advantage of this opportunity to secure the funding you need to start or expand your business. Apply now for the EFLLC SBA Program and benefit from competitive rates and flexible terms tailored to your business needs.
- 2 recent Years of Business & Personal Tax Returns (all pages)
- 3 months of recent Bank Statements
- Agreement of Sale (if purchase)
- Articles of Incorporation, EIN & signedÂ
- Operating Statement
- CD Contact Form (See Attached)
- Disclosures (It will be emailed to you)
- Driver’s license or State ID. (Must be color for verification purposes)
- Payoff (if refinance)
- Personal Financial Statement (See Attached)
- Rent Roll (See Attached)
- SBA 1919 form (See Attached)
- Spouse Information including EmailÂ
- Address (If married)
- Social Security card
- Voided Check
Here are the steps moving forward.Â
1. Subject Property Address in Subject Line when sending back the documents.
2. Budget of project, Purchase price, or Loan Amount.
3. After Repair Value if Fix and Flip or Current Value if DSCR / Refinance
4. Down Payment -Bank Statement or Statement for down payment if applicable.Â
5.Check your credit scores here:/Â send or upload a copy of the report and all scores.
6. Please send me a copy of your credit report with scores and the attached documents.Â
7. Please see the attached loan application, credit authorization and all documents needed to move forward.Â
Send all documents on checklist to: info@myfundingmentor.com
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