Plus, you’ll need to meet basic SBA eligibility requirements, which include being a small for-profit business located in the United States. Qualifying for an SBA loan typically requires you to have a credit score of 680 or higher, strong repayment ability of 1. 25 times or better debt service coverage ratio (DSCR), and a few collateral.
Plus, you’ll need to meet basic SBA eligibility requirements, which include being a small for-profit business located in the United States. Qualifying for an SBA loan typically requires you to have a credit score of 680 or higher, strong repayment ability of 1. 25 times or better debt service coverage ratio (DSCR), and a few collateral.