How much do you need to start or grow your business?
Are you seeking short-term or long-term financing?
What are your sources for funds? We work with your existing lender, SBA loans, revolving loan programs, Certified Development Corp (CDC), Certified Development Financial Institution (CDFI) or assist with crowdfunding options.
Our advisers are trained in loan structuring. We will assist you with assessing funds, preparing financial projections, and the support documents needed for financing. We also look at the various sources of funding to connect you with a resource to fit your financing goals.
Forms to accompany your loan summary and financial projections often include: SBA413 and SBA912 along with 3 years income tax returns, business plan, and cash flow projections. An SBDC helps add value to the borrower by being an outside guidance on cash flow projections with industry specific financial ratios to substantiate projections.
If you are searching a lender, try the SBA Lender Match! This gives access to a number of banks, who then can contact you based on type of assistance you are seeking.
Betterfin is another tool for businesses to check their credit score and compare lenders.