Jan 23 2025 4 mins
In this video, we explore the crucial role personal credit history plays in securing an SBA 7(a) loan. Discover how applicants with less-than-perfect credit can improve their chances of approval, and learn valuable tips to boost your credit score. Additionally, we introduce the Business Ownership Academy, a vibrant community and educational platform designed for aspiring entrepreneurs. Join us to gain insights from industry experts, participate in mastermind groups, and take your business to the next level.
Question: Hello, what role does personal credit history play in the approval process of an SBA 7(a) loan, and how can applicants with less-than-perfect credit improve their chances? Thanks, Lisa.