FINANCING OPTIONS: Recap of Programs for Lenders

RECAP OF PROGRAMS FOR LENDERS

     The following is a Summary Chart of the various Methods of
     Delivery SBA has to offer Lenders when seeking a 7(a) 
     Guaranty on the loan they propose to make to a small 
     business.  These methods of delivery have been described
     above.
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   METHOD OF    REQUIRED         REQUIRED SBA        PROCESSING
   DELIVERY     BANK DOCUMENTS   DOCUMENTS           TIME
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   REGULAR      Standard Bank    Standard SBA        3 Days For
                Application      Application         Screening,
                Package          Package (See        10 Days For
                                 Below)              Processing

   CERTIFIED    Standard Bank    Standard SBA        3 Day
                Application      Application         Screening and
                Package          Package plus        Processing
                                 Lender's Draft 
                                 Authorization

   PREFERRED    Standard Bank    SBA Form 4I and     1 Day Pro-
                Application      PLP Eligibility     cessing
                Package          Checklist

   LOW-DOC      Standard Bank    Special Low-Doc     3 Day
                Application      Application -       Screening and
                Package          Provided by Lender  Processing

   FA$Trak      Bank             FA$Trak             1 Day
                Application      Application and     Processing
                Package          Eligibility 
                                 Checklist