Frequently Asked Questions

1. What is an SBA loan?

An SBA loan is a business loan provided by participating lenders and partially guaranteed by the U.S. Small Business Administration. SBA loans often offer competitive terms and flexible repayment options for eligible businesses.

2. Do you provide the funding?

No. Priority SBA Partners does not lend money. We prepare professional, lender-ready financing packages and coordinate with trusted SBA-participating and commercial lending partners.

3. Do you work directly with banks?

Yes. We coordinate with a network of SBA-participating banks and commercial lending partners to help qualified businesses pursue financing opportunities.

4. What documents are usually required?

Requirements vary by lender and loan program, but commonly include business and personal tax returns, financial statements, bank statements, business formation documents, identification, and information about the financing request.

5. How long does the financing process take?

The timeline depends on the loan program, the completeness of your documentation, and the lender's underwriting process. A well-prepared application can help streamline the review process.

6. Can startups qualify?

Yes. Some startups may qualify depending on the financing program, available equity, management experience, and overall business plan.

7. What industries do you work with?

We assist businesses across many industries including retail, healthcare, transportation, hospitality, professional services, construction, manufacturing, restaurants, real estate, and more.

8. Do you work nationwide?

Yes. We proudly assist businesses throughout the United States.

9. Is there a minimum credit score?

Credit requirements vary by lender and financing program. Strong credit may improve financing options, but lenders also consider business cash flow, collateral, industry experience, and other factors.

10. How do I get started?

Simply complete our secure online application. Our team will review your information, discuss your financing goals, and guide you through the next steps.