Access Loan Progression Model

ABDF Loan ProgressionOnly at Access our proprietary Loan Progression Model ensures that every detail is in the proper place at the proper stage, for positive outcomes time after time. 

INTRODUCTION
  • Borrower introduces Project
  • ABDF provides intro to the SBA 504 Program, 50-40-10 Formula
  • Borrower completes Application
DISCOVERY
  • Borrower provides loan package and supporting documents
IDENTIFY THIRD PARTY LENDER (TPL=Bank or Investor)
  • Search for the best TPL
  • TPL offers Term Sheet or Commitment
AUTHORIZATION (Approval)
  • ABDF Board approves loan
  • Approved loan package sent to SBA
SBA ISSUES AUTHORIZATION
  • Loan receives SBA approval
TPL CLOSING
  • Project initial loan funded
PROJECT MONITORING
  • ABDF monitors any construction or real estate improvement progress
  • Any machinery or equipment orders monitored for delivery issues
  • Closing documents assembled
SBA CLOSING
  • Close the SBA loan
SBA LOAN FUNDED
  • SBA sells a Debenture (the loan)
  • TPL is repaid with the Debenture funds