REQUIREMENTS

• Two years in business
• For-profit business
• Proceeds: working capital, debt refinance, new equipment purchases, business and real estate acquisition
• Individuals owning 20% or more of business cannot work for SBA or have criminal background
• Individuals owning 20% or more of business must be a US citizen or legal resident

REQUIREMENTS

Good Personal Credit

• Loans $30K – $150K: Minimum Personal FICO of 600
• Loans over 150K: Minimum Personal FICO of 675

Business Credit Score (LiquidCredit)

• 150 or greater

Personal Records Search For Business Owners

• No bankruptcy in past 3 years
• No foreclosure in past 3 years
• No open tax liens

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