SBA iCAP Explained: A Capital-Readiness Exercise for FUNDED Readers
By Don McClain | Founder & Principal, Medro Advisors
SBA’s November 5 announcement introduces iCAP for modernizing 7(a) origination, with automated checks and a clearer record of application progress. For readers following FUNDED, Don McClain’s forthcoming book, the news offers a practical capital-readiness exercise. Write a one-page brief with five items: amount requested, intended use, repayment evidence, existing obligations and the decision deadline. Mark every figure as documented or estimated, then list the records needed to resolve gaps. Use the brief to prepare a financing conversation rather than to predict approval. This educational exercise is independent commentary, not a book excerpt or SBA endorsement. Follow FUNDED for book updates; financing remains subject to review.
Related resources
About Don McClain · FUNDED — forthcoming book
General educational perspectives. Individual transactions require appropriate professional review. Financing is subject to lender review and approval.