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Personal Financial Statement Guide (SBA Form 413)

Every owner of 20% or more, and every guarantor, provides a personal financial statement signed and dated within 90 days of submission to SBA. This guide explains each line of SBA Form 413, what lenders compare it against and how to value assets, with a worksheet to gather your numbers first.

What’s included

• Line-by-line guide to the current SBA Form 413 (05-24)
• Why the 90-day rule now applies, not the 120 days printed on the form
• Worksheet that mirrors every line and schedule and totals them like the form
• 90-day age check against your submission date
• Monthly personal debt payments for the global cash flow test
• Completed example

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