Move from MCAs to SBA in as Little as 60-Days
Move from MCAs to SBA in as Little as 60-Days
FINANCE RESTRICTED INDUSTRIES – normally you wouldn’t think this matters when requesting financing. Certain industries have restrictions when it comes to borrowing money, securing lending from banks, or obtaining new jobs and contracts with the federal government or general contractors who work with the Systems For Awards Management (SAM) Instead of being a finance company, …
MCA to SBA System Overview: Credit Review for both Business & Personal: This step involves assessing the credit history and creditworthiness of both the business and its owners. Since SBA loans require good personal and business credit scores, this review helps identify any issues that might impede loan approval, allowing for corrective measures to be taken …