When you’re running a small business, every dollar counts—and so does every decision. Choosing the right type of funding can have a major impact on your growth, your cash flow, and your peace of mind. That’s why more and more business owners are turning to SBA 7(a) funding as a smart, flexible solution.
At True Path Funding, we help small businesses access up to $500,000 through the SBA 7(a) program with less hassle and faster approvals. But before you get started, here’s what you should know to make the process smooth and successful.
1. SBA 7(a) Funding Isn’t Just for Emergencies
Many business owners think funding is only for tough times—but SBA 7(a) capital can also help you grow. Whether you’re opening a new location, investing in equipment, or expanding your team, this funding gives you the working capital to move forward with confidence.
2. You’ll Need to Provide a Few Key Documents
We’ve simplified the process to make it as easy as possible. To complete your request, you’ll just need:
- Your most recent personal tax return
- Two years of business tax returns
- The last 3 months of business bank statements
These documents help us assess your eligibility without a lengthy review process.
3. Your Credit Won’t Be Affected During Pre-Qualification
Our application process includes a soft credit pull that does not impact your score. That means you can check your eligibility risk-free before moving forward.
4. You Can Use the Capital in Multiple Ways
SBA 7(a) funding is incredibly versatile. You can use it for rent, payroll, marketing, inventory, equipment, debt refinancing, and more. We believe your business needs flexible support—and this funding delivers exactly that.
5. Government-Backed Means More Confidence
Because SBA 7(a) funding is backed by the U.S. Small Business Administration, lenders are more confident offering capital, which means you’re more likely to get approved compared to traditional financing.
Start Smart with True Path Funding
If you’ve been putting off your next move because of financial roadblocks, now’s the time to take action. With a streamlined process, real support, and funding designed for your needs, True Path Funding is here to help you grow on your terms.
Get Started Today
It only takes a few minutes to apply—and you might be surprised by how much funding your business qualifies for.
