LOANS, GRANTS &
OTHER FUNDING OPTIONS
LOANS & GRANTS
When applying for a traditional bank loan, SBA loan, or a grant, there are certain criteria that most lenders look at. We help you assess your needs and work with you to identify the best funding options for you and your business as well as the steps you must take to meet the criteria.
Loans & Grants: For a helpful overview on Loans & Grants click here.
Loans 101: How Business Loans are Evaluated- 6C's - Great information to know what the lender is looking for.
Credit Score 101- Am I lendable & if not, what can I do? - Helpful information to know about your credit score.
Loan Steps: Helpful Steps in getting your loan
Capital Access Center(CAC) - The CAC, part of the Kansas SBDC, is a consulting service to small business owners needing Capital (Loans, Lines of Credit, etc) or that have "Ask a Banker" type of questions that they would feel more comfortable asking the experienced staff at the CAC vs asking their own bank.
Disaster Relief Loans - Funding Programs for declared disasters.
Crowdfunding is an alternative source of funding by which a certain amount of money is gathered by several individual contributors to fund a specific project, invention, or business. Kickstarter and IndieGoGo are examples of crowdfunding platforms that you can use to raise additional funds. Your advisor can work with you to decide which platform would work best for you and the steps necessary to launch your crowdfunding campaign.
Pitching to investors is somewhat of an art form. Your Kansas SBDC advisor can help you prepare an effective pitch that explains your business idea, addresses perceived risks, and illustrates a future return for the investor.