Loans & Financial Matters

The team at researched 116 credit card processors to find the ones that offer straightforward fees, stellar customer service and won’t lock you into a long-term contract. They created a comprehensive guide to help business owners choose the right credit card processor for their specific needs. They examined which processor is best suited for large transactions, newcomers, online/offline integration, ecommerce and established nonprofits. The results of the analysis can be viewed at
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

Find the Right Business Loan for You: Loan Type and Requirements
Financing a Company of Any Size

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

Crowdfunding Cheat Sheet by Kathleen Minogue of Crowdfund Better

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.

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 the District Director Lender Relations at the SBA

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

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:

    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.

    US Government Agencies and Resources