Liquidating sba loans
One of our bankers can help you determine whether you are eligible for SBA loans, otherwise you can look at the requirements for 7(a) loans here and CDC/504 loans here.Besides the requirements at the above links, banks and lenders will also look at your business’ cash flow, collateral, equity investment and credit.If you have any questions about the SBA loans process, contact us and we will help guide you through the process.For more information, head to our business loans page.To learn more about SBA Financing, please contact: Louisville / Southern Indiana (502) 625-2485 Indianapolis (317) 238-2899 Cincinnati (513) 824-6199 Email us at: [email protected] Call Center can be reached at: (502) 582-2571 or (800) 625-9066 Stock Yards Bank & Trust is certified by the Small Business Administration (SBA) as a Preferred Lender.As a Preferred Lender, Stock Yards Bank & Trust has delegated authority to approve, close, service and liquidate most SBA guaranteed loans.
We are better able than other area banks to streamline the application process for you.We have created a reference for common questions regarding Small Business Association (SBA) Loans. Small Business Association (SBA) loans are actually loans from your chosen SBA approved bank or lender, like Sentry Bank.If you still would like to learn more about our loan options, feel free to contact us today and get your application started. These banks and lenders are able to provide loans to small businesses which would normally be too risky to loan to, because the SBA helps guarantee the loan.Some lenders are reluctant to get in the mix with SBA loans.They worry about getting bogged down by time-consuming paperwork and meticulous criteria, and they certainly don’t want to lose a client who gets frustrated with their loan approval taking longer than they anticipated.