Funderly use case
Business Plan for an SBA Loan
SBA lenders check specific numbers before approving a 7(a) or similar loan — debt service coverage, a realistic repayment schedule, and a credible use-of-funds picture. Funderly builds those numbers into the plan instead of leaving them to a generic financial section.
Best for US founders and SMEs preparing an SBA 7(a) or similar loan application.
What this helps with
- DSCR checked against the common 1.25x lender benchmark (Lender plan)
- Full loan amortization schedule with grace-period support
- Formula-driven financial projections, not AI-guessed
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How the workflow supports this
What an SBA lender checks
An SBA 7(a) lender is underwriting the loan, not just reading the plan — most rejections trace back to the numbers, not the narrative.
- Debt service coverage ratio (DSCR): most SBA lenders want to see at least 1.15x–1.25x before approving a loan.
- A realistic repayment schedule that matches the requested loan term and any interest-only or grace period.
- A credible use-of-funds breakdown tied to the amount requested.
- Owner equity injection and collateral position alongside the projected cash flow.
How Funderly builds this in
Funderly's Lender tier is built around this exact checklist rather than a generic financial narrative.
- DSCR is calculated from your actual revenue and cost inputs and checked against the common 1.25x lender benchmark, with 1.0x–1.25x flagged as tight and below 1.0x as not covering the repayment — not asserted, computed.
- A full amortization schedule (including interest-only grace periods) is generated and exported as its own XLSX tab.
- Financial projections run from formulas driven by your inputs, so the numbers you submit are numbers you can defend to an underwriter.
Getting started
The workflow runs market and competitor analysis before the financial model, so the plan tells a consistent story end to end.
- Describe the business and complete the guided planning steps.
- Build the financial model on the Lender tier ($499 one-time) to unlock DSCR and the repayment schedule.
- Export the loan package as PDF, DOCX, or XLSX.
Use cases
Related planning paths
- Business Feasibility Analysis for Founders and SMEs
Evaluate whether the business makes sense in a real market, understand the customer and competitor picture, and turn early findings into practical next steps.
- Financial Projections Software for Founders and SMEs
Create projections from editable assumptions, review the logic behind the numbers, and keep the financial story connected to the rest of the plan.
- Self-Funded vs Loan Business Planning
Use one workflow to compare self-funded and loan paths, understand repayment implications, and choose the route that fits the business better.
Blog
Related guides
Financials
Financial Modeling Basics Without the HeadacheA lightweight startup financial model approach investors and lenders trust: revenue drivers, runway, burn rate, and clear funding path assumptions.
Fundraising
Funding Readiness Checklist: From Narrative to NumbersAn investor-friendly funding readiness checklist to sharpen your plan narrative, financial model, and supporting materials before startup fundraising or lender meetings.
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