Template

Lender Comparison Worksheet

SBA lenders differ in what they will finance, how fast they move and what they charge. This worksheet compares offers on rate, fees, term, collateral and requirements, and includes 25 questions to ask in your first conversation.

What’s included

• Side-by-side comparison of up to four offers: rate, payment, fees, total cost and coverage
• Automatic checks against SBA’s rate caps, guaranty fee maximums and packaging fee limits
• Flags fees SBA does not allow on 7(a) loans
• 25 questions to ask a lender
• Guide to reading a term sheet
• Completed example comparing three offers

Every AceTheSBA product comes with

• Step-by-step instructions for every section
• A completed example for a fictional business
• References to the SBA rule each part applies
• Editable Word, Excel or PowerPoint files
• A version showing the SBA rules it follows (SOP 50 10 8.1)
• Documents for your lender kept free of AceTheSBA branding