SBA Loan Readiness Scorecard

Complete all 20 questions to calculate your readiness score. You can finish the full scorecard before entering your email.

Scoring scale: 0 Not started · 1 Weak · 2 Basic · 3 Good · 4 Strong · 5 Excellent

Complete all 20 questions

0 of 20 answered (0%)

Business Model Clarity

Max score: 20

Q1. I can explain the problem we solve in one sentence.
Q2. I can define my target customer with specifics.
Q3. I can explain how I will make money and my pricing logic.
Q4. I can clearly explain what makes us different from competitors.

Market Validation

Max score: 20

Q1. I have evidence of demand (orders, pilots, waitlist, interviews, or metrics).
Q2. I understand my customer acquisition approach and expected costs.
Q3. I can explain my sales cycle and realistic timeline to revenue.
Q4. I can justify my pricing using market or customer proof.

Financial Readiness

Max score: 20

Q1. I have a realistic startup cost list and use of funds plan.
Q2. I have a 12 month cash flow forecast with assumptions I can explain.
Q3. I have 3 year projections (income statement at minimum).
Q4. My numbers are consistent and I can defend how I calculated them.

Risk and Mitigation

Max score: 20

Q1. I can list the top risks to my business.
Q2. I have mitigation actions for each major risk.
Q3. I understand industry and economic risks affecting my plan.
Q4. I can explain a realistic worst case scenario and my response.

Owner and Operational Preparedness

Max score: 20

Q1. My background and experience support this business.
Q2. I can explain daily operations, staffing, and key processes.
Q3. I have a clear plan for compliance, licensing, and insurance where relevant.
Q4. I can explain how the loan will be repaid from cash flow.