Thinking about a business loan? Wondering what is the most effective path to obtain financing?
The Oregon SBDC Network Capital Access Team (CAT) is led by highly qualified SBDC advisors who engage clients via face-to-face and distance counseling (i.e., Skype, telephone, videoconferencing and e-mail). Gaining access to capital can be difficult whether you're starting a new business or growing an existing business.
While it's true that banks have changed their lending criteria, banks need borrowers and have money to lend. However, the days of walking in to see your banker and walking out with a check are gone. Your approach must be professional and well prepared. SBDC CAT Advisors can help you to:
- Develop a business plan
- Conduct a financial analysis
- Create a loan package
- Formulate a finance strategy
- Assist with lender relations