Step 1
Whether or not you have all of the required documents, the first step to begin working with us on a project will be to complete our brief submission form.
Questions on the form include:
The name of the Operating Company and any other entities involved in the project
How long the entities have been operating (less than or more than two years)
Purpose of the loan (i.e. real estate purchase, working capital, etc.)
Target closing date (if applicable)
Loan submission takes approximately one minute to complete. Please be as accurate as possible so that we can request the appropriate documents to collect. You can view a comprehensive needs list within the 504 and 7(a) loan applications.
Step 2
After you have completed the submission form, you will receive an email confirmation within one business day. It will include details on next steps and a link to upload documents within our Secure Document Portal. Please do not email us any documents as this will slow down processing times.
INITIAL NEEDS LIST WILL INCLUDE:
SBA loan application (click here to access)
Project cost documents
Financial documents for entities, owners, and guarantors
If you don’t receive an email, please reach out to hello@bside.org so that we can work with your IT team to troubleshoot any technology issues.
Step 3
Once you have uploaded the requested documents, your project will be reviewed and assigned to a Loan Officer who will begin the underwriting process. They will work with you to request any additional information required for the Loan Review Committee and SBA submission.