San Antonio—Central South Texas Edition 2020—U.S. Small Bus…

FUNDING PROGRAMS

Financing 101

What do you need funding for? 1

• Start or purchase a business

• Purchase, renovate or expand facilities

• Purchase inventory, equipment or machinery

I need investors.

I need to research and develop a business idea for commercialization.

I’m bidding on a contract that requires me to be bonded.

• Revolving credit/working capital for day-to-day expenses

Look into SBICs.

Research the SBIR or STTR programs.

Ask for information on SBA surety bonds.

• Export a product or service

2 Do you need help with your business plan or loan package? If so, SBA Resource Partners can help. Find a list at your local SBA district office.

3

Now that you have your business plan and loan package ready, contact an SBA Lender to see if you qualify. There are two options...

Be prepared to discuss: • size and purpose of your loan • how long your business has operated • your credit history • collateral

Check out Lender Match (sba.gov/lendermatch) to find an SBA Lenders who may specialize in your industry or type of project.

Visit your local SBA district office for a list of local SBA Lenders.

A.

B.

• financial projections • technical assistance/ mentoring needs

CDC

BANK

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OPEN

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