| Business Finance
Assistance |
|
| Finance Assistance |
Identify
available capital and financing sources for existing businesses and start-up
companies. Scoll down to access the
following sections to explore opportunities to acquire Business Finance
Assistance. |
| • |
Traditional Financing -
sources may include commercial banks, credit unions, finance and leasing
companies. |
| • |
Non-Traditional Financing
– typically government backed programs.
It is recommended you contact your financial institution or provider
first to obtain additional information and suitability for your needs. Typical programs may include the following,
however, this is not a complete list and your financial advisor will guide
you through the best products for your specific financing needs. |
| • |
Technical Assistance –
many sources of technical assistance are available in the region which can
help in preparing a business plan, budgets and cash flow forecasts, and
financing request presentations.
Sources include: Bradenton CRA, Enterprise Florida, MCC, etc. |
| • |
Member Resources – many
members of the EDC provide advice for a variety of financing needs. Please contact the EDC for referrals. |
| • |
How to Begin the Process –
suggestions for the information needed for the initial meeting with a
financial institution or advisor. |
| • |
Request
for Assistance Form |
| • |
Other Links |
|
| |
|
Traditional Financing
(financial assistance provided by local,
regional and national banks, leasing companies, and savings and loan
associations) |
• |
Term Loans (including real estate amortizing
loans) |
| • |
Equipment/Vehicle Loans |
| • |
Working Capital Lines of Credit |
| • |
Interest Only Bridge Loans |
| • |
Personal Lines of Credit |
| • |
Business Acquisition Loans |
| • |
Lease Loans for Specific Pieces of Equipment |
| • |
Venture Capital Loans |
| • |
Loans under $25,000 |
| If you are interested in any of the above, please click here for
a |
| Request for
Assistance Form |
|
| |
|
Non-Traditional Financing
(financial assistance provided through other-than-traditional lending
sources and programs) |
• |
SBA Backed Loans – SBA 7(A) Loan Program |
| • |
SBA 504 Loan Program |
| • |
SBA Business Express (Loans up to $50,000) |
| • |
SBA Community Express (Loans up to $250,000) |
| • |
SBA Patriot Express (for veterans) |
| • |
SBA Disaster Assistance (federally declared
disaster) |
| • |
State Programs –
Small Business Emergency Bridge Loan Program (State declared disaster with
loans up to $25,000) |
| • |
IDRB – County Government Enhanced Financing for
New Building Construction |
| • |
Sale Lease Back of Real Estate Properties |
| • |
Factoring Loans (Purchase of Accts. Rec.,
working capital) |
| • |
EX-IM Financing (Export/Import Financing) |
| • |
New Markets Financing Credits |
| If you are interested in any of the above, please click here for
a |
| Request for
Assistance Form |
|
| |
|
Technical Assistance
(assistance available to businesses and entrepreneurs, including counseling
for start-ups, business expansions, business plans, etc.)
|
• |
Bradenton Community
Redevelopment Agency |
| • |
Central
Community Redevelopment Agency (CCRA) |
| • |
Central
Economic Development Center (CEDC) |
| • |
Enterprise
Florida |
| • |
Florida
Finance Network |
| • |
Hispanic
Business Initiatives Fund |
| • |
Manatee Chamber
Entrepreneurial Boot Camp Academy |
| • |
Manatee
Community College |
| • |
Palmetto Community
Redevelopment Agency (CRA) |
| • |
Service
Corps of Retired Executives (SCORE) |
| • |
Small
Business Development Center |
| • |
Tampa
Bay Black Business Investment Corporation |
| • |
Tampa Bay
Partnership |
| • |
USF/Manatee
Sarasota |
| If you are interested in any of the above, please click here for
a |
| Request for
Assistance Form |
|
| |
|
| Member Resources |
• |
Financial Institutions |
| • |
Financial Advisors |
| • |
Professional Firms (CPA's, Accountants,
Attorneys) |
| If you are interested in any of the above, please click here for
a |
| Request for
Assistance Form |
|
| |
|
| How to Begin the Process |
For Existing Businesses: |
| • |
Last 3 years of business tax returns |
| • |
Year-to-date balance sheet and Profit Loss
Statement |
| • |
Brief Business Plan |
| • |
Projections for the next three years |
| • |
Copies of Articles of Incorporation and Bylaws |
| • |
Sources and Uses of Loan Proceeds |
| • |
Aging of Accounts Payable and Accounts
Receivable |
| • |
Schedule of Business Debt |
| • |
Resumes of owners holding 20% or more of the
company |
| • |
Copy of lease/Proof of ownership of facility |
| • |
Last three years of personal tax returns |
| • |
Personal financial statement |
| For New
Businesses: |
| • |
Detailed Business Plan |
| • |
Projections for the next three years |
| • |
Monthly Cash Flow Projection for first year |
| • |
Copies of Articles of Incorporation and Bylaws |
| • |
Sources and Uses of Loan Proceeds |
| • |
Resumes of owners holding 20% or more of
company |
| • |
Copy of lease/Proof of ownership of facility |
| • |
Last three years of personal tax returns |
| • |
Personal Financial Statement |
|
| |
|
| Request for Assistance Form |
If you would like
to be contacted by the Economic Development Council for more information on
Business Finance Assistance, please click the link below and complete the
Request for Assistance Form online. |
| Request for Assistance Form |
|
| |
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| Other Links |
• |
Enterprise
Florida |
| • |
Florida
High Tech Corridor |
| • |
Manatee
& Sarasota Entrepreneur website |
| • |
Small Business
Association |
| • |
Startup Florida |
| • |
Tampa Bay
Partnership |
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