Are there small business grants?
The SBA or SBDC does not provide grants.
Should I go directly to a lender for a Small Business loan?
There are many requirements other than an application that can get complicated. We do not recommend you apply for a small business loan without speaking to a small business consultant.
How long does it take to obtain funding?
Minimum 45-60 days.
Does the SBDC provide loans?
The SBDC does not provide loans however we know the SBA and Lender requirements and provide assistance in preparing the loans documents for submission to the lenders
Does the SBA provide loans?
The SBA does not loan directly but their SBA Guarantee Loan Program is an incentive for lenders to lend to small businesses. For more information go here.
Where can I get funding?
You can obtain funding from primary and secondary lenders, angel investors, family, and friends.
How do I research my business / market / product / industry?
Here are some resources you could use or contact a small business consultant.
Do I need insurance / license / permit?
All businesses need Business Insurance. However, licenses & zoning permits vary by business and location.
Will the SBDC write my business plan?
The SBDC does not write business plans but we will assist you and guide you in the business plan process. Here is a Business Plan tool you can try now.
Do I need to sign a lease before I apply for a loan?
We do not recommend this. A signed lease is required only at the time you close a loan and obtain your funds.