The Guide and Workbook are designed to provide actionable information minorities and women can use to obtain small business financing.
The Guide and Workbook consists of two sections: The Guide provides detailed business financing information of specific relevance to Minority and Women-owned Businesses. The Workbook is an electronic document with blank loan applications, grant forms, business planning and financial reporting templates, IRS Forms and other documents.
The Guide and Workbook will be of specific interest to those seeking to finance a new firm and/or start-up. It has special sections on financing a Day Care Center, financing a Beauty/Hair Salon, financing a Music/Film business.
Specific sections of the Workbook provide detailed information on:
- How to complete a Bank Loan Application (completed sample application included)
- Why there are NO specialized grants for Minority and Women-owned Small Businesses. What programs exist and how you can benefit from them.
- How to complete a Grant Application (completed sample application included)
- Banks: Do they hate Women and Minority-owned Small Businesses or do they just hate small businesses in general?
- Has your business credit lines been reduced or revoked? How to find both short-term capital financing and long-term business financing.
- Why you should avoid Venture Capital and Private Equity firms. If you must deal with them, here's how.
- How to work with the Small Business Administration (SBA), the Minority Business Development Agency (MBDA), and other Federal, State and local Agencies, if you must.
Additional data included via secure website.
- All Banks in the US. (6,270 as of 9/30/2015) (Name, address, phone, email, website)
- All Credit Unions in the US. (6,159 as of 6/30/2015) (Name, address, phone, email, website)
- All Community Development Financial Institutions in the US. (Name, address, phone, email, website)
- All Community Development Entities in the US. (Name, address, phone, email, website)
- All Microcredit Funds in the US. (Name, address, phone, email, website)
- Other documents: Business Plan, Bank Loan Application, Grant Application, Franchise Purchase Application Tax Forms, etc.
The Guide includes separate chapters on the following topics:
- Financing a Franchise
- Buying an Existing Business
- Financing a Day Care Center, Beauty/Hair Salon, or Music/Film business
- Funding Sources: Credit Unions, Community Development Financial Institutions, Community Development Entities, Microcredit Funds and Peer-to-Peer Lending.