Obtaining financing for your business isn't too difficult. Souris Basin Certified Development Company's staff has devised a straight-forward and simple plan to get you on track and to determine your business's financial needs.

1. Call Souris Basin Certified Development Company
   Let us help in your business expansion planning.  As experts in the SBA 504 Loan Program, we have the knowledge and the experience to guide you through the loan process. Give us a call and we will help you evaluate your options to find solutions to meet your needs.
   
   
2. Documentation
   After helping you determine you best course of action, Souris Basin Certified Development Company will work with you and your private-sector lender to collect and analyze the required documentation.
   
   
3. Loan Package
   Once the necessary documentation is in place, SBCDC completes the loan package and reviews it with the business. If everything is in order, business signs loan package and SBCDC submits it to the SBA.
   
   
4. Bank Financing
   Souris Basin Certified Development Company works closely with your first mortgage lender, broker and/or CPA to reduce redundancy and streamline the process.
   
   
5. Financing Completed
   Typical time frame from submission of loan application to SBA approval is 5 to 10 working days. Upon approval, your lender will provide interim or construction financing to complete your project.
   
   
6. 504 Financing Completed
   A Souris Basin Certified Development Company attorney works with the business to prepare closing documents for a permanent SBA loan. Once complete, the attorney submits the final closing package to SBA, which typically funds within 60 days of project completion, replacing your interim/construction financing with long-term financing.