1. Financing Your Business

2. 1. It’s a business! 2. Create a business plan that shows how you will pay back the money 3. Leverage with collateral

3.  Cash Flow Financing  Debt Financing  Equity Funding  Import/Export Loans  Inventory Loans  Mezzanine Financing  Private Placement  Sale/Lease Back Funding  Turn Around Capital  Acquisitions Funding  Bridge Loans  Buy Out Financing  Construction Loans.  Equipment Leasing  First Stage Funding  Initial Public Offerings  Long Term Loans  Permanent Loan  Real Estate Loans  Seed Capital  Start Up Capital

4. Commercial Banks Don’t require you turn over equity or company control Need history and collateral Smaller loans available using personal credit history Small Business Administration No direct loans – guarantees 75% of loans Business must show that it cannot obtain conventional financing Nonproft Microlender Easier underwriting criteria High interest rates May be required to do training

5. Friends and family Business investors Credit cards Home equity loan/line of credit Factoring Customer or Suppliers

6. SafeBid Co, Santa Rosa Opportunity Fund, San Jose.. SF OBDC, Oakland SBDC, Concord Count Me In Keiretsu – Angel investors Pacific Community Ventures

7. TrainFundSupport ABOUT WOMEN’S INITIATIVE

8.  100% low-income  83% women of color  25% have limited or no English language proficiency  20% single parents  46% high school equivalency or less  41% of businesses are unbanked  Average business liabilities is $14,706

12.  5 years after training, 70% of clients are running their own business  Clients’ personal incomes rise dramatically— from a monthly income of $1,185 prior to $2,079 one year after completion of Women’s Initiative program  Clients increase their average household net worth more than 300% within two years, from $12,968 before training to $53,572 after training.

13. Corinthia Peoples Corinthia Peoples Designs Leveraging: Loan IDA Matched Savings Program

14. Financing Your Small Business Julie Abrams CEO Women’s Initiative jabrams@womensinitiative.org