Funding, Credit, Lending

Loans & Financial Matters

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Credit Card Processors

Need a Loan?

The starting point is a business plan. Refer to the information in the section on Business Plans.  SCORE  LA offers workshops on the basics of a business plan. Our mentors are happy to go over your business plan when you are ready.

Bank criteria for lending to existing and start-up businesses
Bank Loan Requirements

SBA Loan Programs 7(a), 504, and SBAExpress
SBA Loan Programs

Summary notes – SCORE National’s “Workshop in a Box” on Funding.
Securing Capital to Grow Your Business

Opportunity Fund: A nonprofit that lends up to $100,000.
Opportunity Fund-Access to Capital

VEDC: A nonprofit that helps small businesses that don’t qualify for traditional bank lending
VEDC

Crowdfunding Cheat Sheet by Kathleen Minogue of Crowdfund Better
In English
In Spanish

Crowdfunding: an alternative financing approach
SBA Crowdfunding Notes

Financing and Other Business Assistance Programs
List of microlenders, business grants, crowdfunding and investors as well as recommended readings on each financing strategy.
Financing Resource Guide 2016

Camino Financial, an online lender specializing in the Hispanic community, has provided these articles and videos on business loans.
How to Get Early Stage Funding 9-15-15 – Article
How to Get Early Stage Funding – Video
Understand Your Business Credit and Get Access to Cheaper Capital 7-25-14 – Article
Myth or Truth?: I Cannot Get Credit if I Have Only a Tax ID 6-26-15 – Article
Think You Don’t Need Business Credit? Think Again – Article
How to Prepare Your Business for a Bank Loan – Video

The SBA International Trade Loan Program
SBA Export Loan Programs – 06.12.14

The SBA list of banks and their SBA lending, 2nd quarter, 2014
Lender Ranking, 2nd Quarter FY14
If you want further information on which banks might be the best to approach about a loan, contact Terri Billups, Assistant District Director Lender Relations at the SBA
terri.billups@sba.gov 818-552-3298

A guide from the Pan American Bank
Small Business Loan Guide – 2014-01

The myth of free grant money
No Free Grant Money

Templates that may be helpful

Cover Letter to Bank
Financial History & Ratios
Personal Financial Statement

Interesting article from the Harvard Business Review

Growing a Start Up without Outside Investors – Chobani – Oct 2013

How do I improve my business finances? Pay my business debts? Where do I get money?
Before you search for funding of any type, please review information available at the following links:

  • SCORE Visa Financial Management Workbook: Manage Your Business Finances Better
  • SCORE Business Debt Relief Guide: How to Pay Business Debts You Can’t Afford

     

      SBA Office of Advocacy is the independent voice for small business in the Federal Government and the source of small business statistics.
      Advocacy is an independent voice for small business within the federal government and is the watchdog for the Regulatory Flexibility Act (RFA). Advocacy advances the views and concerns of small business before Congress, the White House, the federal agencies, the federal courts and state policy makers.

    • Loans and Grants
    • SBA Local Assistance

     

    US Government Agencies and Resources

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