Small Business Loan Eligibility and Criteria in the U.S.
Discover the key criteria for small businesses to qualify for loans in the U.S., including size, operations, employees, and debt limits based on EBITDA. Ensure your business meets the requirements to access funding.
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Presentation Transcript
Borrower must be a business that is created or organized in the U.S. or under the laws of the U.S. with significant operations in and a majority of its employees based in the U.S. and: $25 million, or amount that, when added to the borrower s existing outstanding and committed undrawn debt, does not exceed four times the borrower s 2019 EBITDA $150 million 30% of the borrower s existing outstanding and committed but undrawn bank debt, or amount that, when added to the borrower s existing outstanding and committed undrawn debt, does not exceed six times the borrower s 2019 EBITDA.
