You would fall in one of the three categories of assistance titled Organizational Growth . There is even a hyperlink to a forms page where you fill out the relevant information about your business when requesting assistance. Frank, if you have gone through all of this and have been told your type of business does not fit into the types of business priorities supported by the BDC at this time, then you must approach a traditional commercial lender. If you have successfully operated a profitable business, and research supports your projections of creating even more profit with the expansion activity, there should be consideration of your loan application. If, on the other hand, it is a matter of insufficient application data or a lack of supporting market research, you may want to consider outside assistance developing a business plan that can support your financial projections with substantive assumptions and market research.
Alternatives do exist.
The best one for you will depend on the performance of your existing operations, market research, and whether the BDC or a traditional commercial lender is the place to apply for that loan. I sincerely wish you well. We make no claims or representations about the accuracy, timeliness or completeness of such content, advice or the answers provided to you. Our content, advice and answers are intended only to assist you with your financial decisions. However, by its nature such information is broad in scope.