LowDoc Program

LowDoc is a simplified loan program for small businesses up to $100,000. 

The borrower and lender each complete a one-page application and submit it for processing to the SBA. Interest rates can be negotiated between the borrower and the lender and may be fixed or variable.

The loan may be used to fund the same items as the SBA 7(a). The length of repayment depends on the ability to repay, and the use of the loan proceeds.