Fique off-line com o app Player FM !
Demystifying The SBA Loan Application - SBA Schedule of Liabilities Form 2202
Manage episode 265876983 series 2518941
Form 2202 must be completed on behalf of the subject business requesting the loan and all affiliate businesses.
Affiliate businesses are defined by the SBA as any business owned 51% or more by a 20% or more owner of the subject business.
Form 2202 documents the subject business and affiliate businesses monthly debt obligations which is essential to determining the debt service coverage ratio or dscr for short and debt to tangible net worth ratio also known as leverage.
Both The dscr and debt to tangible net worth ratios are key indicators used by lenders to determine the businesses ability to repay the requested loan.
If you liked this content, let's connect on social media: Instagram: https://instagram.com/mysbapro Twitter: https://twitter.com/mysbapro LinkedIn: https://linkedin.com/in/ryanpatryck
More ThinkSBA Resources
https://calendly.com/thinksba - Schedule Call https://g.page/thinksba - Google Business Page & Reviews https://thinksba.com/faq - Frequently Asked Questions https://mysbaloanpro.com - My SBA Loan Pro Podcast https://youtube.com/@thinksba - YouTube Channel
55 episódios
Manage episode 265876983 series 2518941
Form 2202 must be completed on behalf of the subject business requesting the loan and all affiliate businesses.
Affiliate businesses are defined by the SBA as any business owned 51% or more by a 20% or more owner of the subject business.
Form 2202 documents the subject business and affiliate businesses monthly debt obligations which is essential to determining the debt service coverage ratio or dscr for short and debt to tangible net worth ratio also known as leverage.
Both The dscr and debt to tangible net worth ratios are key indicators used by lenders to determine the businesses ability to repay the requested loan.
If you liked this content, let's connect on social media: Instagram: https://instagram.com/mysbapro Twitter: https://twitter.com/mysbapro LinkedIn: https://linkedin.com/in/ryanpatryck
More ThinkSBA Resources
https://calendly.com/thinksba - Schedule Call https://g.page/thinksba - Google Business Page & Reviews https://thinksba.com/faq - Frequently Asked Questions https://mysbaloanpro.com - My SBA Loan Pro Podcast https://youtube.com/@thinksba - YouTube Channel
55 episódios
Todos os episódios
×Bem vindo ao Player FM!
O Player FM procura na web por podcasts de alta qualidade para você curtir agora mesmo. É o melhor app de podcast e funciona no Android, iPhone e web. Inscreva-se para sincronizar as assinaturas entre os dispositivos.