SBA loans are for those that do not have collateral but have credit around 685, experience therefore can demonstrate ability to scale and make money in their business. We just got someone almost 2 MM on no collateral, 3rd lien position on whatever RE they had, 2 year old business with not enough cash flow but projection based. We got it done!! We are Credit Certified Underwriters that practically underwrite loans first and then get banks to approve them - with a 99% probability of approval.