Child Safe Project & personal wealth Project

fasterfunding@mail.com

689 266 5342

Frequently Asked Questions (FAQ)

Are you a lender?

No. We are not a lender and do not provide loans. We provide independent consulting, education, and funding preparation services. All loan approvals and terms are determined solely by the lender.

Are you affiliated with the SBA?

No. We are not affiliated with, endorsed by, or acting on behalf of the U.S. Small Business Administration (SBA).

How much funding can I apply for?

SBA microloans are generally available up to $50,000. Final loan amounts depend on lender criteria, business needs, and underwriting decisions.

How long does the SBA microloan process take?

Timelines vary by lender, documentation readiness, and underwriting requirements. In many cases, funding decisions may occur within approximately 2–3 weeks once a complete and accurate application package has been submitted. Some applications may take longer depending on lender review and program requirements. Timeframes are estimates only and are not guaranteed

Can startups apply for SBA microloans?

Yes. Many SBA microloan intermediaries work with startups and newer businesses, subject to eligibility and documentation requirements.

Can I apply as a sole proprietor?

Some SBA microloan intermediaries allow applications to be prepared as a sole proprietorship without requiring an LLC or corporation. Requirements vary by lender.

Is approval guaranteed?

No. Loan approval is never guaranteed and is determined solely by the lender.

What is included in the 30-40-page business plan?

The business plan includes an executive summary, market analysis, SWOT analysis, marketing and sales strategy, operations plan, management overview, financial projections, repayment strategy, and lender summary.

What does the membership include?

Membership includes access to over 1,000 financial and business education courses, tools, funding preparation education, and ongoing help, support, & guidance including access to strategic high profit (subject to your ambitions) income opportunities unknown to the general public.

What are your fees?

The standard VIP membership fee is $997. Where permitted by law, we may charge a success-based consulting fee of up to 10% of funds obtained. All fees are disclosed in advance. This includes the $1500 SBA consulting process with a 30–40-page business plan, financials, executive summary, & 15 other criteria. In addition, there are large discounts for our members including access to high investment resources, contacts, & mentors. We offer the 1-week credit deletion process and up to 5 primary tradelines to raise scores up to about 800 on each bureau. This process uses an unknown 2022 law with our non-profit partners who have mastered the process. Value is: $3500 & is offered with this program for only $997 as an additional VIP member.

How should loan funds be used?

Loan proceeds must be used only in accordance with lender requirements, SBA guidelines, and applicable laws. Optional programs do not affect loan approval. We have already created several great business models as a small business marketing consultant which is approved by lenders.

Is there an income or business opportunity?

An optional Money Broker & Financial Mentor opportunity is available. Participation is voluntary and not required for funding services. No income or earnings are guaranteed.

Does participating in the Money Broker program affect loan approval?

No. Participation in any optional opportunity does not influence loan approval or funding decisions.

Is advanced training required?

No. Any advanced training or mentorship programs are optional and do not guarantee income or funding outcomes.

Who makes the final funding decision?

All funding decisions are made solely by the lender, not by us.

SBA Specifics!

For an SBA Microloan (up to $50,000), the documentation is much simpler than other SBA loans. Below is the complete, accurate checklist microlenders use, organized so you know what’s required vs. situational.

Reminder: SBA microloans are made by nonprofit intermediary lenders, so requirements can vary slightly—but this list covers 95% of cases

✅ REQUIRED SBA MICROLOAN DOCUMENTS (Core Set)

These are almost always required:

  1. Microloan Application
  • The lender’s own application form
  • Basic business and owner information
  1. Business Plan (Short & Practical)

Typically 6–10 pages including:

  • Business description
  • Products/services
  • Target customers
  • How you make money
  • How the loan will be used
  • How it will be repaid

(Simple is better than fancy.)

  1. Use of Funds Statement
  • Exact breakdown of how the money will be spent
  • Must total $50,000 or less
  • Business expenses only
  1. Financial Projections

Usually includes:

  • 12–24 month revenue projection
  • Expense estimates
  • Cash flow projection
  • Loan repayment ability shown

(Startups are expected to project.)

  1. SBA Form 413 – Personal Financial Statement

Shows:

  • Your assets
  • Your debts
  • Your personal financial responsibility

Honesty matters more than net worth.

  1. Government-Issued Photo ID
  • Driver’s license or passport
  1. Credit Authorization
  • Permission for lender to pull your credit

📄 COMMONLY REQUESTED (Very Normal)

Most microlenders also ask for:

  1. Personal Tax Returns
  • Last 1–3 years, if available
  • If not available, a brief explanation is fine
  1. Resume or Work History
  • 1–2 pages
  • Relevant experience only
  1. Bank Statements
  • Last 2–3 months
  • Personal account
  • Business account (if you have one)
  1. Business Legal Documents (If They Exist)

Only submit what already exists:

  • Business license
  • Articles of Organization / Incorporation
  • Operating Agreement (LLC)
  • EIN letter

(Not having these yet is usually okay.)

📌 SITUATIONAL / CASE-BY-CASE DOCUMENTS

Only required if they apply to you:

  1. Lease Agreement or Home-Based Business Statement
  • Commercial lease, or
  • Simple statement confirming home-based operations
  1. Collateral List
  • Equipment
  • Inventory
  • Business assets

Microloans do not require major collateral, but lenders may ask for a list.

  1. Startup Cost Breakdown
  • One-page list
  • Often overlaps with use of funds
  1. Explanation Letter (If Needed)

Used only if you have:

  • Credit challenges
  • Gaps in employment
  • Limited tax history

Usually just 1 short paragraph.