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Financing Your Business

Financing Your Business. three Essential Secrets to Funding Your Business. It’s a business! Create a business plan that shows how you will pay back the money Leverage with collateral. Know what type of funding you need. Cash Flow Financing Debt Financing Equity Funding

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Financing Your Business

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  1. Financing Your Business

  2. three Essential Secrets to Funding Your Business It’s a business! Create a business plan that shows how you will pay back the money Leverage with collateral

  3. Know what type of funding you need 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. Local resources SafeBid Co,Santa Rosa Opportunity Fund, San Jose.. SF OBDC, Oakland SBDC, Concord Count Me In Keiretsu – Angel investors Pacific Community Ventures

  7. About Women’s Initiative

  8. Client PROFILE 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

  9. Business status

  10. Type of Debt

  11. Average amount of Debt

  12. Results 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. Graduate spotlight 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

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