The ASU Small Business Development Center provides assistance for a variety of SBA loans. By understanding the process and what to expect, it is helpful to know what factors influence the decision of a lender when your application is reviewed. The type of loan generally depends on the nature and need of funding, the purpose of the loan, and assets that can be provided for collateral.
Without loans, many small business owners would be unable to realize their dreams of opening a business or expanding their operations. Before seeking financial assistance, it is important to thoroughly assess current financial situations. Every effort should be made to make the best possible presentation at the initial loan submission.
Contact the ASU SBDC today to schedule an appointment with one of our counselors. You can reach us at 334-229-4138.