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Creatively Search for Funding

  1. Contact your state, county and local development departments. Many offer funding programs to foster business within a certain geographic area.
  2. Take advantage of organizations aimed at helping you. Some include the National Organization of Women Business Owners and the National Minority Supplier Development Council.
  3. Call on the community banks in your area. These smaller banks pride themselves on helping small business owners.
  4. Find out if there are any revolving loan fund programs for which you might qualify. They provide “gap financing” that your bank won’t or can’t offer.
  5. Visit www.sba.gov/financing, the finance section of U.S. Small Business Administration’s Web site. It provides details on SBA’s many funding programs.

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