The SBA Timeline

Action: How quick you get the Financials to us: **This is in your hands** Timeline (In Business Days)
Package Review: (Package has to adhere to SBA Guidlines) Open
Credit Decision: (Must have complete package) *Underwriter may ask for more information* 10-14
Conditional Proposal: *Closes 45-60 Days from this Point* 1 (Overnight)
Conditional Commitment Signed and Sent Back 5
Verification of Documentation: (Insurance, Cash Injection, Vendors) 15-30
Obtain SBA PLP Number Simultaneously
Funding 7-10
Total Time:  *Depends on how quick you the client gets the required information* 45-90 Business Days