Small Business Administration Programsarizonacoalition.org/2017 Symp - SBA PPT.pdfU.S. Small...
Transcript of Small Business Administration Programsarizonacoalition.org/2017 Symp - SBA PPT.pdfU.S. Small...
U.S. Small Business Administration
Created in 1953
The only Federal
Government
Agency
specifically
designed to assist
the small
business
community
Mission
Statement
– aid
– counsel
– protect
– fair proportion
of government
contracts and
sales
How We Assist Small Business
Business
Development
Financial
Assistance
Procurement
Assistance
Office of
Advocacy
Business
Plans
TELEPHONE OR VISIT SCORE FOR FREE BUSINESS COUNSELING PHOENIX SCORE 602.745.7250 2828 N. Central Avenue, #800 Phoenix
SCORE’s WEB SITE: www.score.org
● Free Monthly Newsletter ● E-mail Counseling
TUCSON SCORE
520.505.3636
1400 W Speedway, Tucson
Prescott-Northern AZ 928.778.7438 1228 Willow Creek Rd.#2, Prescott
SMALL BUSINESS DEVELOPMENT CENTERS “SBDC”
● Business Planning ● Training
● Loan Preparation ● Counseling
Arizona has SBDC’s statewide.
www.azsbdc.net
Visit their web site:
SBA’s Women’s Business Centers in Arizona
Tucson:
Women’s Busincess Center of Southern AZ
525 N. Bonita Ave.
Tucson, AZ 85745
520.620.1241
http://www.mac-sa.org/wbc.home
Phoenix:
AZ Women’s Education & Eentrepreneur
(AWEE)
640 N. First Avenue Phoenix, AZ 85003-1515
602-223-4334
http://aweecenter.org
SBA’s Web Pages
SBA Learning
Center: www.sba.gov/learning
Publications
Links
Local
Information: www.sba.gov/az
SBA Loan Programs
7(a) Regular Loans
SBA Express
Certified
Development
Company - 504
Loans
Disaster Loans
Size Standards
Sales in Millions
Retail
$6.0 to $21.0
Service
$2.5 to $21.5
Construction
$7.0 to $17.0
Agriculture
$ .5 to $ 9.0
Number of
Employees
Wholesale
< 100
Manufacturing
500 to 1500
Those Not
Eligible Are...
Non-Profits
Lenders
Passive Owned Real
Estate
Foreign Business
Pyramid Sales
Defaulted on a
Federal Loan
resulting in a loss
Religious Teaching
Sexual Materials
Speculation
Gambling
Life Insurance
Incarcerated, on
probation or parole,
or indicted for
felony or moral
crime
Use of Proceeds
Eligible
Working Capital
Inventory
Machinery &
Equipment
Land & Building
Debt Refinancing
Change of
Ownership
Ineligible
Floor Plan Financing
Real Estate held for
investment
Purchase a portion
of the business
Delinquent Payroll
Taxes
THE BUSINESS PLAN Purpose of the Loan
History & description of the Business
Current Balance Sheet & Income
Statement
Financial Statements for 3 Years
Schedule of Term Debts
Aging of A/R and Payables
Investment by Owner
Proformas
Personal Financials and Resume
Loan Terms
7 years for
working capital
10-15 years for
equipment
Up to 25 years
for land and
building
Loan Interest Rate
Prime plus
2 1/4 for
maturities
under 7 years
Prime plus
2 3/4 for
maturities of 7
years or longer
Fixed or
Variable