$5M SBA READINESS CHALLENGE™ — FREE

Is Your Business Ready for an SBA-Level Conversation?

Complete the assessment from top to bottom. Your total score, readiness status, save button, report download, and TSB service choices appear at the end — after you finish the work.

ASSESSPREPAREVERIFYMATCHPACKAGESUBMITTRACK

Business Profile

1. Business Profile

2. Financial Readiness

3. Use of Funds

4. Credit & Owner Profile

5. Document Readiness

6. Lender-Readiness

Build Your SBA Readiness File

This is where the assessment becomes readiness. Use the examples below, build each missing item, then upload the proof to your private G50 readiness file. Sensitive files use private storage and temporary signed links.

Entity & Ownership File

Why you need it: The lender must know exactly which legal entity is borrowing and who owns or controls it.

What good looks like: Formation document, operating agreement/bylaws, EIN confirmation, current business license, and a simple ownership schedule that all show matching names and addresses.

EXAMPLE

Ownership Schedule Example: Angelia Example — 80% voting ownership Partner Example — 20% non-managing ownership Total — 100%

Form / source: Secretary of State records, IRS EIN letter, operating agreement/bylaws.

Upload Proof

PDF, image, spreadsheet or document as applicable

Current P&L + Balance Sheet

Why you need it: These statements show current operating performance, cash, debt, assets, and whether repayment is supportable.

What good looks like: Accrual or cash-basis statements dated within roughly 90 days, with year-to-date comparison and accounts that reconcile to the bookkeeping system.

EXAMPLE

P&L should clearly show: Revenue → Cost of Goods → Gross Profit → Operating Expenses → Net Operating Income. Balance Sheet should clearly show: Assets = Liabilities + Equity.

Form / source: QuickBooks/Xero reports or CPA/bookkeeper-prepared statements.

Upload Proof

PDF, image, spreadsheet or document as applicable

Business & Owner Tax File

Why you need it: Tax returns validate historical performance and can reveal unresolved tax issues before the lender does.

What good looks like: Filed business returns for available years, personal returns for required guarantors, and documentation for any approved tax payment plan.

EXAMPLE

Create one folder per tax year and label files consistently: 2025 Business Return, 2025 Owner Return, 2025 IRS Transcript if requested.

Form / source: CPA/tax preparer, IRS transcripts, Form 4506-C/4506-T when requested by the lender.

Upload Proof

PDF, image, spreadsheet or document as applicable

Debt Schedule

Why you need it: The lender needs to see every current obligation and monthly payment before adding new debt.

What good looks like: Creditor, original amount, current balance, interest rate, monthly payment, maturity date, collateral, and whether the debt will be refinanced.

EXAMPLE

Form / source: Spreadsheet, accounting system, current lender statements.

Upload Proof

PDF, image, spreadsheet or document as applicable

Sources & Uses / Use of Funds

Why you need it: A lender needs an exact dollar-by-dollar explanation of what the loan will pay for.

What good looks like: Every use has an amount and supporting quote, contract, payoff, purchase agreement, payroll calculation, or working-capital assumption.

EXAMPLE

Equipment: $175,000 Working Capital: $125,000 Refinance Eligible Debt: $150,000 Closing/Professional Costs: $25,000 TOTAL REQUEST: $475,000

Form / source: Vendor quotes, purchase agreement, invoices, payoff statements, project budget.

Upload Proof

PDF, image, spreadsheet or document as applicable

3-Year Projections + Assumptions

Why you need it: Projections explain how the requested capital changes the business and how future debt service is expected to be paid.

What good looks like: Monthly Year 1 and annual Years 2–3 projections with written assumptions tied to contracts, capacity, pricing, hiring, and realistic growth—not random percentages.

EXAMPLE

Assumption example: Two new trucks add 16 revenue-producing days per month each at an average $1,850/day beginning Month 3, with 68% gross margin after fuel and driver expense.

Form / source: CPA/financial model, business plan projections, supporting contracts/quotes.

Upload Proof

PDF, image, spreadsheet or document as applicable

Executive Summary / Business Plan

Why you need it: The lender needs the story behind the numbers: what the company does, why the capital is needed, management capability, market, and repayment plan.

What good looks like: A concise executive summary plus a current plan covering company, ownership, products/services, market, management, financial history, request, use of funds, projections, and risks.

EXAMPLE

Opening structure: Who we are → What we sell → Who buys → Traction → Capital request → Use of funds → Expected result → Repayment source.

Form / source: G50 report guidance, SBA/SBDC templates, TSB assisted preparation if needed.

Upload Proof

PDF, image, spreadsheet or document as applicable

Transaction-Specific Proof

Why you need it: Acquisitions, equipment, real estate, franchises, and contract-based requests require evidence beyond ordinary financial statements.

What good looks like: Signed LOI/purchase agreement, equipment quotes, property information, lease, franchise documents, contracts, customer concentration support, or other documents appropriate to the request.

EXAMPLE

Acquisition file example: LOI + seller financials + purchase price allocation + transition plan + buyer equity injection evidence.

Form / source: Attorney, broker, seller, vendor, landlord, franchisor, customer contract.

Upload Proof

PDF, image, spreadsheet or document as applicable

YOUR FINAL READINESS RESULT

NOT READY

Preparation score only — not an SBA or lender approval.

What your score says to do next

• 1. Business Profile
• 2. Financial Readiness
• 3. Use of Funds
• 4. Credit & Owner Profile
• 5. Document Readiness
• 6. Lender-Readiness

What Happens Next

Your readiness score is a preparation indicator, not an approval. Pick the next move that matches the gap.

Focus on the lowest-scoring sections before broad outreach. The five-week milestone plan in your downloaded report tells you the order.

$97 SBA Capital Readiness™ (deep dive)

A deeper SBA-focused preparation path with document mapping, gap identification and submission readiness.

Funding Ready-to-Submit™

Build the full lender-ready file A-to-Z, track readiness per resource lane, and prepare for submission review.

Structure-to-Capital Readiness™

See which capital pathways fit your actual company structure first.

Talk to TSB about your file

If your score is below 60, request HELP ME FIX IT™ or TSB HANDLE IT™ from the path section above.

How to Use This Tool

Five steps. Save your score, then download the A-to-Z report — score, gaps, milestone plan, paths and disclaimers all included.

Step 1 — Fill your profile

Add your name, email, business or project details. This lets your score and report save to your G50 file.

Step 2 — Work through every section

Tap each item you have actually completed. Section scores and the overall score update live.

Step 3 — Review your gaps

The result panel on the right lists whichever sections are still incomplete so you know the next fix.

Step 4 — Pick your service path

Choose SAVE MYSELF™ (DIY), HELP ME FIX IT™ (targeted TSB review), or TSB HANDLE IT™ (full-service preparation).

Step 5 — Save and download

Click Save My File to sync your score to your G50 account. Click Download Report to get your branded A-to-Z PDF — score, gaps, milestone plan, next moves and disclaimers all in one document.

Disclaimer: TSB G50 $5M SBA Readiness Challenge™ is a preparation tool. It does not guarantee SBA loan approval, lender approval, funding, or any dollar amount. "SBA lender-ready" is a preparation indicator. Final eligibility, terms and approval are determined by the SBA-approved lender and the SBA.