Using a one-page application, the program focuses on the strength of character and credit of the applicant. An umbrella program under which SBA guarantees short-term working capital lines of credit. Types of working capital available under this program are seasonal lines of credit, contract lines of credit, builder lines of credit, and asset-based lines of credit. Technical assistance also is available through this program. Financing is made for long-term, fixed assets at a fixed interest rate, with an emphasis on generating or retaining jobs in a specific geographic area.
Most companies seek to raise venture capital to support or stimulate economic growth.
Other companies raise venture funding to establish credibility or to access resource networks which their venture capital partners have developed through years of experience. A seasoned venture partner often becomes a valuable confidant, advisor and sounding board for an otherwise lonely chief executive or founder. The venture capital relationship can often bring that exact mix of support in addition to financial funding. Begin by identifying a list of venture capitalists whose investment preferences match your needs and company profile with regards to size of investment, stage of development, industry and geographic location. It is a list of active venture firms published annually by Venture Economics including each firm's location, investment preferences, contact persons and capital pool.