Multiple SBA Loans: Exploring the Possibility of Securing Multiple Funding Opportunities

1 year ago
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Multiple SBA Loans: Exploring the Possibility of Securing Multiple Funding Opportunities

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Q: Hi there, I was wondering if it's possible to obtain more than one SBA loan. I've heard about the benefits of SBA Loans for small businesses, but I'm curious if I can leverage this program to secure multiple funding opportunities. Can you provide insights on the eligibility criteria and any considerations I should keep in mind when applying for multiple SBA Loans? Thanks!

Ginger

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Timestamps:
(00:02) - Question about the possibility of obtaining multiple SBA loans and leveraging the program to secure multiple funding opportunities.
(00:30) - Beau explains that having multiple SBA loans is feasible if obtained within a 90-day window and mentions the need to consider the aggregate amount (less than five million dollars) of SBA financing.
(01:01) - The required documents for the loan application, including financials for the past three years, business financials, form 413, and form 1919.
(01:31) - Potential issues when applying for multiple SBA loans simultaneously and assures that applying over the years is possible.

🔎 **Multiple SBA Loans: Exploring Multiple Funding Opportunities** 🔎

Are you a small business owner wondering if you can secure more than one SBA loan? Look no further! In this video, we dive deep into the world of SBA loans and uncover the possibility of accessing multiple funding opportunities.

✅ **Benefits of SBA Loans for Small Businesses**
Discover the amazing advantages of SBA loans and how they can empower your business to grow and succeed. From favorable interest rates to flexible repayment terms, SBA loans have proven to be a game-changer for entrepreneurs.

🤔 **Can You Really Have Multiple SBA Loans?**
Yes, you can! We walk you through the eligibility criteria and the process of securing multiple SBA loans within a 90-day window. As long as your total aggregate of SBA financing stays under five million dollars, the doors to multiple funding opportunities are wide open.

📋 **Easy Checklist Process to Get Started**
We've got you covered! Our simple checklist process will set you on the right track to apply for multiple SBA loans. We'll guide you through the required documentation, including financial statements for the past three years and essential SBA forms.

💼 **Diverse Financing Solutions for Your Business Goals**
Whether you're acquiring an existing business, buying a franchise, building a new office, or expanding your current venture, we have multiple financing solutions tailored to your needs. Let us help you navigate the 7A and 504 loan process, ensuring you make the best choice for your business.

📞 **Book a Call and Let's Get Started**
Ready to explore the possibilities? Don't miss out on this opportunity! Book a call with us today to discuss SBA financing and other financing options to take your business to new heights.

👉 Subscribe to our channel for more expert insights on financing, with over two decades of experience in the lending industry, we are here to answer your questions and provide valuable content to support your business journey. See you soon! 💼🚀

💥 Thanks for watching 💥
#sba7a #sbaloans #sbaloan #sbalending

About Beau: Beau Eckstein is a real estate entrepreneur, TV personality, and commercial mortgage advisor, specializing in construction financing and multi-family lending.

🎥 The video interviews we do on IFP will help you scale your real estate business and learn how to finance all your projects.

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