New Business Lending Options
New businesses have several lending options to consider, each designed to meet different needs and financial situations. Our lending specialists will analyze your business position and will find for you the Business Loan according to your needs.
BLN supports and helps New Businesses with access to several financial programs, including:
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New Business Line of Credit: a flexible financing option that allows businesses to borrow up to a predetermined limit, using only what they need and paying interest only on the borrowed amount. It provides quick access to funds for managing cash flow, covering short-term expenses, and seizing growth opportunities, making it a valuable tool for businesses seeking financial flexibility and efficiency.
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Angel Investors: Individual investors who provide capital in exchange for equity or convertible debt. They often offer mentorship and advice along with funding.
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Venture Capital: Investment funds provided by venture capitalists to startups with high growth potential in exchange for equity stakes.
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Incubators and Accelerators: Programs that offer funding, mentorship, and resources in exchange for equity or a small fee, designed to help startups accelerate their growth.
These programs can provide the necessary capital and support to help new businesses launch and grow effectively.
Contact our Financial Aid Specialists and learn more about the programs available for your business and how can we help you achieve your business goals and be financially secured.
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Small Business Loans: Financial assistance from banks or alternative lenders that must be repaid with interest. The Small Business Administration (SBA) offers loan programs like the SBA 7(a) and SBA Microloan programs.
