Recent Articles From EvanCarmichael.com http://www.evancarmichael.com/ http://www.evancarmichael.com/SBA/765/Borrowing-Money--Banker-Key-Questions.html http://www.evancarmichael.com/SBA/765/Borrowing-Money--Banker-Key-Questions.html The key questions the banker will be seeking to answer are as follows: http://www.evancarmichael.com/SBA/765/Equity-Financing.html http://www.evancarmichael.com/SBA/765/Equity-Financing.html Most small or growth-stage businesses use equity financing in a limited way. As with debt financing, most of the time additional equity comes from non-professional investors such as friends, relatives, employees, customers or industry colleagues. http://www.evancarmichael.com/SBA/765/Becoming-a-CDC.html http://www.evancarmichael.com/SBA/765/Becoming-a-CDC.html The 504 Certified Development Company (CDC) Program provides growing businesses with long-term, fixed-rate financing for major fixed assets, such as land and buildings. A Certified Development Company is a nonprofit corporation set up to contribute to the economic development of its community. CDCs work with the SBA and private-sector lenders to provide financing to small businesses. There are about 270 CDCs nationwide. Each CDC covers a specific geographic area. http://www.evancarmichael.com/SBA/765/Microlenders.html http://www.evancarmichael.com/SBA/765/Microlenders.html The Microloan Program provides very small loans to start-up, newly established, or growing small business concerns. Under this program, SBA makes funds available to nonprofit community based lenders (intermediaries) which, in turn, make loans to eligible borrowers in amounts up to a maximum of $35,000. The average loan size is about $13,000. Applications are submitted to the local intermediary and all credit decisions are made on the local level. http://www.evancarmichael.com/SBA/765/Prequalification-Program.html http://www.evancarmichael.com/SBA/765/Prequalification-Program.html The Prequalification Loan program uses intermediary organizations to assist prospective borrowers in developing viable loan application packages and securing loans. This program targets low income borrowers, disabled business owners, new and emerging businesses, veterans, exporters, rural and specialized industries. http://www.evancarmichael.com/SBA/765/SBA-Loans.html http://www.evancarmichael.com/SBA/765/SBA-Loans.html The SBA offers numerous loan programs to assist small businesses. It is important to note, however, that the SBA is primarily a guarantor of loans made by private and other institutions and does not offer loans to small businesses. Within SBA Loan Topics we’ll review: http://www.evancarmichael.com/SBA/765/Borrowing-Money.html http://www.evancarmichael.com/SBA/765/Borrowing-Money.html Borrowing money is one of the most common sources of funding for a small business, but obtaining a loan isn't always easy. Before you approach your banker for a loan, it is a good idea to understand as much as you can about the factors the bank will evaluate when they consider making you a loan. This discussion outlines some of the key factors a bank uses to analyze a potential borrower. Also included is a self-assessment checklist at the end of this section for you to complete. http://www.evancarmichael.com/SBA/765/eCommerce-FAQs.html http://www.evancarmichael.com/SBA/765/eCommerce-FAQs.html What can a small business do to get started in electronic commerce without a lot of money to invest? http://www.evancarmichael.com/SBA/765/Advertising-and-Marketing-on-the-Internet-Rules-of-the-Road.html http://www.evancarmichael.com/SBA/765/Advertising-and-Marketing-on-the-Internet-Rules-of-the-Road.html Advertising and Marketing on the Internet: Rules of the Road http://www.evancarmichael.com/SBA/765/eCommerce.html http://www.evancarmichael.com/SBA/765/eCommerce.html eCommerce, The Newest Business Frontier: It's Time To Get Connected