Business Incubator
 

SBA 7a Loan
Prequalification Intermediary

Proud Member

BUSINESS FINANCE

Three Stages of Business Financing¹

1. Seed Capital

   1. Prototypes

   2. Research

   3. Test Marketing

   4. Usual Source: Personal Funds

    

2. Start-up Financing

   1. Equipment

   2. Supplies

   3. Inventory

   4. Deposits

   5. Operating Shortfalls

   6. Usual Source: Banks, SBA, Investors

    

3. Growth Capital

   1. Add Products or Markets

   2. Add Personnel Expansion, Space and Equipment

   3. Usual Source: Investors, Banks and Venture Capitalist

Sources of Funding

In addition to the other sources of funds, companies in the business incubator may have access to:

• BCEDA Micro Loans
  ($500 to $20,000, 3 years max)
   

• BCEDA Revolving Loan Fund
  ($20,000 - $200,000, 10 years max)
   

• BCEDA Seed and Investment Capital
   

• BCEDA can help you pre-qualify for SBA 7a loan guarantees