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https://www.projectionhub.com/resources/sba-loan-checklist
In this video, we delve into the essential steps for securing an SBA loan for your restaurant. Covering a wide range of topics from identifying the right SBA loan types and finding the best lenders to preparing necessary documents and understanding the loan process, we aim to simplify the journey towards obtaining financial support for your restaurant business. We also introduce a helpful SBA loan application checklist and share insights on how to enhance your loan approval chances. Whether you're a startup or an existing restaurant, this guide is designed to navigate you through the SBA loan application process with ease.
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https://www.projectionhub.com/financial-projection-template/restaurant-fine-casual-dining
👉 Free SBA Loan Application Review:
https://www.projectionhub.com/free-sba-review
👉 Get the FREE restaurant business plan template here:
https://www.projectionhub.com/business-plan-templates/fine-and-casual-dining-restaurant-free-business-plan-template
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00:00 - Introduction
02:23 - Using the SBA Loan Application Checklist
03:02 - Types of SBA Loans: Microloans, 7A, and 504
05:00 - Importance of Microlenders for Startups and Existing Businesses
06:00 - 7A Loans and Their Suitability for Larger Financing Needs
07:00 - Exploring 504 Loans for Large Capital Investments
08:00 - The Loan Application Process
10:00 - Eligibility Criteria for SBA Loans
11:00 - Required Documents for SBA Loans
14:00 - Document Preparation for Startup
15:00 - Business Plans and Financial Projections
22:42 - Finding the Right SBA Lender
30:01 - Tips for Improving Your SBA Loan Approval Chances
39:34 - Conclusion and Additional Support Information
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ProjectionHub has helped more than 50,000 founders and entrepreneurs to create financial projections so they can raise investment, apply for loans, and plan for expansions/growth. From budget-friendly DIY financial projection tools to high-touch custom consulting with a CPA expert, ProjectionHub has the financial forecasting solutions your business needs.