First, you must have applied for a conventional business loan from a commercial institution and been denied. You will not be eligible for SBA business loans if you are able and able to acquire investment funds from other sources. Additionally, you must identify the specific program for which you wish to receive an SBA business loan, as each program covers different requirements: - For the 7(a) loan, you must have the ability to repay the loan from your own cash flow of the company, for a maximum duration of 25 years. Additionally, your business must be for-profit and meet the requirements set by the SBA for small businesses. - For the CDC/504 loan, it is only accessible if your business is operating for profit, has a net worth less than $7,000,000, does not exceed the size required by the SBA and has a net income that does not exceed $2,500,000. This type of SBA loan can only be used for projects involving capital assets. For a quicker assessment of your eligibility for SBA loans, you should prepare the following information when you encounter an