U.S. Small Business Administration www.sba.gov www.sba.gov www.sba.gov/id Gregory Yerxa Lender Relations Specialist Boise District Office 380 E Parkcenter.

Slides:

Advertisements

Similar presentations

The Financial Plan, Part: Finding Sources of Funds

Advertisements

Your Small Business Resource Helping Small Business

4.04e Implement Financial Skills To Obtain Business Credit And To Control Its Use Explain sources of financial assistance.

U.S. Small Business Administration The SBA Advantage — Resources and Programs for Success You’ve decided to go into business, let us in the SBA help you.

Financing for Veterans the SBA Way

Take the Mystery out of SBA Loans Michael Foutch Economic Development Specialist U.S. Small Business Administration.

America’s Small Business Resource For the Armed Forces Communications and Electronics Association by John Carria Deputy District Director Richmond District.

U.S. Small Business Administration Small Business Financing.

U.S. Small Business Administration International Trade Finance Programs Green Construction Trade Mission To Brazil Executive Briefing Los Angeles CA May.

Sources of Financing: Debt and Equity If you don’t know who the fool is on the deal, it’s you!...Michael Wolff.

Capital Access: SBA Financing Options for Your Small Business Presented by U.S. Small Business Administration’s Colorado District Office.

U.S. Small Business AdministrationYour Small Business Resource Programs and services to help you start, grow and succeed Overview of SBA Loan/Bonding.

US Government Finance Programs to Help Expand Your Export Sales SBA Loan Guaranty Programs Designed to Assist American Small Business Exporters.

Washington Metropolitan Area District Office. How the SBA Loan Process Works  Borrower applies to Qualified Lender for a Business Loan  Lender approves.

Visit us at SBA is not a direct lender SBA 7(a) program offers guaranty to lenders –Guaranty is a partial refund for a failed loan –Lender.

Lending the SBA Way Robert Chavarria U.S. Small Business Administration Jacksonville North Florida District.

SBA Loan Programs for SOCMA members September 15,

Slide 1 COMMERCIAL LENDING Commercial Loans Commercial Credit Analysis Small Business Loan Programs 8.

Small Business Administration Economic Recovery Act Presentation.

Financing Value-Added Ag Ventures Gail Gesell. Sources of Small Business Financing Self-funding Expand current business Re-direct to new niche.

U.S. Small Business Administration The SBA Advantage — Resources and Programs for Success SBA Programs & Services.

The Small Business Administration n Established in 1953 n Government funded organization that helps small businesses to get started and to.

© 2006 G. Yelle. All rights reserved. Why Do Ventures Need Financing.

Great Basin Federal Credit Union is honored to help you and your business prosper with our Member Business Loans.

Chapter 15 Debt Financing Copyright 2006 Prentice Hall Publishing Company 1 Sources of Debt Financing.

Chapter 15 Debt Financing Copyright ©2009 Pearson Education, Inc. Publishing as Prentice Hall 1 Sources of Debt Financing.

U.S. Small Business AdministrationYour Small Business Resource New Jersey District Office Two Gateway Center – 15 th floor Newark, NJ

SBA Program Update Michael Foutch Economic Development Specialist U.S. Small Business Administration.

Take the Mystery out of SBA Loans Barbara Foster Lead Economic Development Specialist U.S. Small Business Administration.

South Dakota District Office 2329 N. Career Ave. Sioux Falls, South Dakota (605) Ext.39

Sources of Financing: Debt and Equity The variety of commercial funding sources is huge. The trick is knowing them and matching them to the appropriate.

George McAllister ext The SBTDC is a business advisory service of The University of North Carolina System operated.

Financing Your Business

Small Business Loans Kim Pope, Vice President, Regional Manager Business Banking Group.

Show Me the Money: Financing Strategies for Small Business Business Matchmaking Event, Houston December 10, 2003.

SBA Cleveland District Office SBA Lending Update Burton D. Morgan Series Hudson Public Library Mark Hansel, Cleveland SBA

© South-Western Publishing Slide 1 COMMERCIAL LENDING Commercial Loans Commercial Credit Analysis Small Business Loan Programs.

1 Indiana Statewide Certified Development Corporation Jean Wojtowicz Executive Director.

Santa Ana District Office. Santa Ana District Office 10 REGIONAL OFFICES 68 SBA DISTRICT OFFICES 19 USEACs.

Illinois District Office. 2  In FY 2010, SBA Nationally  delivered over $17.0 billion in financing,  guaranteed over 60,771 loans  In FY 2010, SBA.

Part 4 PowerPoint Presentation by Charlie Cook Copyright © 2003 South-Western College Publishing. All rights reserved. All rights reserved. Finding Sources.

Banks are Cash Flow and Collateral Lenders Targeting Operating Companies MFG Distribution Service Companies.

U.S. Small Business Administration The Three C’s of the SBA.

SBA Financing Options for Your Small Business Hosted by U.S. Small Business Administration Colorado District Office.

U.S. Small Business Administration Programs & Services.

America’s Small Business Resource. 2 The U.S. Small Business Administration  Our Mission  Assist small business in getting started, stay in business.

Finding Sources of Capital: Debt and Equity If you don’t know who the fool is on the deal, it’s you!...Michael Wolff.

Conference on 2015 Housing & Economic Development.

SBA Cleveland District Office SBA Loan Programs ODJFS Akron Mark Hansel, SBA ( ) September 22, 2009.

Small Business Administration  Created in 1953 to develop and aid small businesses in the U.S. Types of Financing  Real Estate  Franchises  Inventory.

Chapter 15 Debt Financing Copyright ©2012 Pearson Education, Inc. publishing as Prentice Hall 15-1 Sources of Debt Financing.

SBA Lending Division SBA Lending Division October 2015.

SBA Wyoming District Office Team L-R: Amy Lea, Susan Rezanina, Marilyn Coy, Deb Farris, MaryAnna Clemons, Jennifer Oldham, Matthew Jock.

Indiana District Office Business Loan Seminar. Indiana District SBA SBA’s Role in Business Financing SBA does NOT make grants to businesses

SBA 504 Loan Program Long Term Fixed Asset Financing For Small Businesses.

SBA ONLINE CLASSROOM: GROWING A BUSINESSU.S. Small Business Administration 380 East Parkcenter Blvd, Suite 330, Boise, Idaho ABC’s.

US Small Business Administration Acquisition Financing Program SBA 7a Program For Profit US Businesses Only Maximum loan amount of $5,000,000 Loan proceeds.

Louisville Small Business Development Center SBA Loans & Grants.

1 An Overview of SBA Programs Herbert Austin District Director U.S. Small Business Administration Dallas/Fort Worth District Office 4300 Amon Carter Blvd.

U.S. SMALL BUSINESS ADMINISTRATION OVERVIEW 1 July 20, 2016 Upper Albany Main Street, Inc.,

U.S. Small Business Administration Borrowing the SBA Way.

U.S. Small Business Administration Programs & Services

A Firm’s Sources of Financing

Small Business Management, 18e

Sources of Capital Jeff Clark Live Oak Bank Wine and Craft Beverage John Fisher Fisher & Company ACSA Chicago 2016 © 2015 Live Oak Banking Company. All.

What is the SBA? The U.S. Small Business Administration (SBA) is a small independent Federal agency created in 1953 to assist, aid, counsel and protect.

FEI Professional Development Session September 21, 2017

ACE’s Mission The mission of Access to Capital for Entrepreneurs, Inc. (ACE) is to provide community economic development to underserved people and community.

U.S. Small Business Administration

Milam County Economic Development Summit

Presentation transcript:

U.S. Small Business Administration Gregory Yerxa Lender Relations Specialist Boise District Office 380 E Parkcenter Blvd, Suite 330 Boise Idaho (208) Ex SBA Loan Guaranty Programs

Why We Are Here - SBA Purpose Economic Growth

Where Does the SBA Loan Fit? Factors that determine this range: Business Profile Most Viable Least Viable Experienced Management High Debt Service Cash flow Sterling Credit Fully Collateralized Growth/Mature Industry High Retained Earnings Lender Range Cash flows w/ longer terms Covers Reasonable Collateral Shortfall Quality Start-up Regulation/Liquidity Environment SBA Range No Management experience No potential chance of repayment Impractical business idea No financial reserves No equity investment No Range

The SBA Loan Guaranty The SBA promises to reimburse a lender for losses at an agreed percentage of loss Up to 90% As low as 50% Lender Benefits Reduced Risk Increased Liquidity Borrower Benefits Access to business credit Better terms and rates

SBA Financing Programs Grants Not available for starting/expanding Limited grants for research, development & innovation Small Business Innovation Research (SBIR) Small Business Technology Transfer (STTR) SBA Loan Guaranty Programs 7(a) Loan Program Microloans CDC/504 Program Small Business Investment Companies (SBIC)

Streamlining SBA Loan Programs Term LOC LOC/Term 7(a) 7(a) Under $350,000 7(a) Over $350,000 SBA Express ($350,000 limit) SBA Express ($350,000 limit) Export Express ($500,000 limit) Export Express ($500,000 limit) CapLines 504 International Trade Credit Scoring Export Working Cap ($5MM limit) Export Working Cap ($5MM limit) 85% ≤ $150M 75% > $150M

Borrower Eligibility Must be “For Profit” Must be “Small” Net worth less than $15,000,000 Net profit less than $5,000,000 (last 2 years) Must demonstrate a “Need” Unreasonable terms/rates Lack of personal resources/collateral Must be in an eligible industry Non-discriminatory, non-speculative Must be of good character

Use of Loan Proceeds Start up costs Working Capital Inventory Equipment Fixtures Business Acquisition Debt Refinance Purchase land and buildings

Loan Statistics BDO FY 2015 Approved 467 7(a) loans totaling $135,899,400 Approved 76 CDC/504 loans totaling $32,772,000 4,348 jobs were created or retained 187 loans were to a new business 78 are women owned businesses 33 are veteran owned businesses 152 businesses are in a rural area The smallest 7(a) loan was $5,000 The largest 7(a) loan was $5,000,000 The smallest 504/CDC loan was $62,000 The largest 504/CDC loan was $1,547,000 Start-ups (29%) Loan Volume

20 Year Look back by NAICS

Counseling & Training SBA Free Online Training – SCORE Ex 338 Treasurevalley.score.org Small Business Development Centers SBDC