Arkansas Small Business and Technology Development Center

University of Arkansas at Little Rock - College of Business
Donald W. Reynolds Center for Business and Economic Development
2801 S. University / Little Rock, Arkansas 72204
Phone: (501) 683-7700   Fax: (501) 683-7720

Frequently Asked Questions

27. What assistance does the ASBTDC provide to me if I am seeking a business loan?

The ASBTDC can help you throughout the business loan process, including assisting you with preparing a business loan proposal containing the information that lenders and the SBA need to review when you make a loan request. The ASBTDC can provide information about general issues that lenders consider when evaluating a potential business loan and can guide you through the process of assembling a good business plan and/or loan proposal that presents your plans clearly. (Frequently, lenders refer loan applicants to the ASBTDC for assistance in gathering this information.) If you already have a proposal, we can offer feedback on its contents and any modifications that may be advisable.

The ASBTDC recommends that anyone who is considering applying for a small business loan review the following information:

Obtaining Small Business Financing

Can I Qualify for a Loan

The ASBTDC is not a decision maker in the lending process. We cannot influence the lender or the SBA in their decision about your loan or negotiate on your behalf when applying for a business loan. The ASBTDC does not have any money to loan to individuals or businesses.


Return to our Frequently Asked Questions (FAQ)

Start Your Own Business | Obtaining Small Business Financing

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The Arkansas Small Business and Technology Development Center is funded in part through a cooperative agreement with the U.S. Small Business Administration through a partnership with the University of Arkansas at Little Rock College of Business and other institutions of higher education. All opinions, conclusions or recommendations expressed are those of the author(s) and do not necessarily reflect the views of the SBA. It is the goal of UALR to eliminate discriminatory harassment and to promote equal opportunity regardless of race, gender, color, national origin, sexual orientation, age, religion, veteran's status, or disability.