13 CFR §120.703

1. (a)Application Process. Organizations interested in becoming Intermediaries should contact SBA for information on the application process.
2. (b)Documentation in support of application. The application must include a detailed narrative statement describing:
   1. (1)The types of businesses assisted in the past and those the applicant intends to assist with Microloans;
   2. (2)The average size of the loans made in the past and the average size of intended Microloans;
   3. (3)The extent to which the applicant will make Microloans to small businesses in rural areas;
   4. (4)The geographic area in which the applicant intends to operate, including a description of the economic and demographic conditions existing in the intended area of operations;
   5. (5)The availability and cost of obtaining credit for small businesses in the area;
   6. (6)The applicant's experience and qualifications in providing marketing, management, and technical assistance to small businesses; and
   7. (7)Any plan to use other technical assistance resources (such as counselors from the Service Corps of Retired Executives) to help Microloan borrowers.