Business Plans for SBA Loans
We have helped dozens of clients secure their SBA loans with our structured SBA business plans. Our projects present what the SBA wants to see and find in a well-organized manner.
At Visa Business Plans, we have experience preparing business plans for various Small Business Administration (SBA) loan programs. Our clients have used SBA loan programs to purchase land, buildings, equipment, fixtures, conduct leasehold improvements and address working capital needs.
SBA loan program criteria are highly selective. For example, at larger banks, the approval rate for SBA loans, is only around 25%. The most common reasons banks deny personal loan applications include:
- Poor business plan that does not clearly articulate your company, products, target market, marketing strategy, staffing, cash flow, and other financial projections. Banks really scrutinize business plans to make sure that the business they are lending to is likely to be successful
- Poor credit history
- Low capacity to repay the debt
Our business plans increase the likelihood of SBA loan approval. Give us a call to learn more how we can help you get the funding you need to operate and grow your business.
Meet Marco Scanu
Visa Business Plans is led by Marco Scanu, a certified coach from the University of Miami with a globally-based practice coaching Fortune 1000 company executives, entrepreneurs, as well as professionals in four different continents. Mr. Scanu advises clients on turnaround strategies and crisis management.
Mr. Scanu received a bachelor’s degree in Business Administration (Cum Laude) from the University of Florida and an MBA in Management from Bocconi University in Milan, Italy. Mr. Scanu was also a Visiting Scholar at Michigan State University under the prestigious H. Humphrey Fellowship (Fulbright program) with a focus on Entrepreneurship, Venture Capital, and high-growth enterprises.
At present, Mr. Scanu is the managing partner and CEO at Visa Business Plans, a Miami-based boutique consulting firm providing attorneys and investors with business planning services in the areas of U.S. and Canadian immigration, SBA loans, and others.