Template

Loan Request & Use-of-Funds Narrative

The loan request is often the first thing a lender reads. This template structures it into the amount, the use of funds, your equity injection, collateral and repayment source, with a statement on credit elsewhere and the case for working capital where it is more than half the loan. Three written examples are included.

What’s included

• Word letter template in the order a lender reviews a request
• Use of proceeds, injection, repayment and why-SBA sections
• Working capital statement for requests at 50% or more
• Three complete examples: a 7(a) Small expansion, a business purchase and a 504 building purchase
• Each example checked against SOP 50 10 8.1 figures

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