Monthly Archives: February 2017

Small Business Administration Business Plan Tips #incorporating #a #business


#small business admin

#

Writing a Business Plan: Tips from the SBA

The best way to turn your great business idea into a reality is through the creation and use of a well-thought-out business plan. A strong business plan not only attracts investors or secures financing in the early stages of business development, but can also function as a roadmap for the future.

Great business plans have a structure that allows you to define what your business is, the market it serves, how it will conduct operations and the money it will make and spend. Here are the sections the Small Business Administration recommends including in your business plan.

Editor s Note: Need more in-depth support for your business plan? Fill in the questionnaire below and we ll have a top rated company offer you a competitive quote to write your business plan for you.

Executive Summary. The executive summary is considered the most important part of the business plan, and is usually written last. Its purpose is to summarize the rest of the plan, introducing the reader to your business in its most condensed form. It should talk about the highlights of your business, your mission statement, the history of your company and what you see in its future.

Company Description. This section goes into more detail about your products and services, how they meet the demands of the market and the differentiators that set you apart from your competitors. [See Related Story:Business Plan Tools for Startups]

Market Analysis. This is where you show off what you know about your industry, and in particular, the market your product or service will serve. Discuss your target market, its size, the distinguishing characteristics of your offering, and how much market share you can capitalize on accordingly.

Organization and Management. This details how you are going to run your company and conduct day-to-day operations to meet company goals. Talk about organizational structure, the management team and what makes this team qualified to run the company.

Service or Product Line. In this section, describe your product or service and the consumer needs that it meets. If applicable, talk about patents filed on intellectual property. Describe the product s life cycle, and any research and development activities for new versions or products.

Marketing and Sales. In this section, discuss your overall marketing strategy, including market penetration, growth, channels of distribution and communication. Your sales strategy includes your sales force and sales activities what will get your product or service into the hands of the customers your marketing strategy created.

Financial Projections. Here, you will discuss historical financial data and the prospective financial data developed after you ve analyzed the market and set clear objectives for your business. Projections should explain any assumptions you ve made in developing the data.

Funding Request. If you are planning on using your business plan with financing institutions or investors, your business plan must include a funding request. Discuss your current funding requirement, the requirement over the next five years and how you intend to use the funds.

Appendix. This is not in the main body in your business plan but can contain data that would be of interest to financial backers. This can be your personal credit history, r sum s, letters of reference, contracts, list of business consultants and other documents.

In an email interview with Business News Daily, Tameka Montgomery, associate administrator of the SBA s Office of Entrepreneurial Development, shared some additional thoughts on what entrepreneurs should know about writing a business plan.

Business News Daily:What are the most important qualities of a good business plan?

Tameka Montgomery: It s very important your business plan is thorough and well written, but you also want it to be clear on what you have to offer. Ask yourself: Beyond basic products or services, what are you really selling? Identify your niche. You don t want to become a jack-of-all trades and master of none, because this can have a negative impact on business growth. As a smaller business, it s often a better strategy to divide your products or services into manageable market niches. Small operations can then offer specialized goods and services that are attractive to a specific group of prospective buyers.

BND:What are some of the challenges new business owners face in creating their business plans?

Montgomery: One of the big challenges for smaller businesses is actually building a business plan. SBA can help [with its] Build a Business Plan online tool. It provides a step-by-step guide to help new business owners through the process of creating a basic, downloadable business plan. The great thing about this tool is they can build a plan in smaller bites, save their progress and return at their leisure.

BND:Is there anything entrepreneurs often overlook when making a business plan?

Montgomery: Entrepreneurs often overlook concrete, specific plans and sales forecasts. All businesses need to project sales because the plan versus actual impact of sales is the key to ongoing management in changing times. Your costs and expenses pivot on sales.

BND:Do you have any general tips for creating a good business plan?

Montgomery: Business owners should reach out for help. SBA has an extensive network leveraged through our resource partners and available to small businesses nationwide. The resource partners include 950 small business development centers, more than 100 women s business centers, and 350 chapters of SCORE volunteers who provide training and counseling. Counseling is free, and training courses may have a small fee to cover costs through this strong network that provides management and technical assistance. In addition, SBA s online training offers free courses and online tools to assist entrepreneurs with business management resources.

Editor s Note: Need more in-depth support for your business plan? Fill in the questionnaire below and we ll have a top rated company offer you a competitive quote to write your business plan for you.

Ready to write your business plan? Here are some more free templates to help you get started.

With an Associate s Degree in Business Management and nearly twenty years in senior management positions, Marci brings a real life perspective to her articles about business and leadership. She began freelancing in 2012 and became a contributing writer for Business News Daily in 2015.



5 At-Home Business Ideas for Stay-at-Home Parents #business #signs


#business from home ideas

#

5 At-Home Business Ideas for Stay-at-Home Parents

Childcare is expensive, but so is opting out of your career to be a stay-at-home parent. If you want to leave the rat race, but keep investing in your professional development (and 401k), starting your own at-home business might be the answer. Becoming your own boss doesn t have to be scary actually, it can be enjoyable and empowering at the same time.

These are just a few options for parents who want to work from home.

1. Blogger – Writers unite! Whether you want to start your own blog or contribute to someone else’s, blogging is a great way to keep your brain keen and put money in the bank. The best part about being a blogger is the flexible schedule, so you can work after your kid(s) go to bed. The potential income isn t too shabby, either. Bloggers earn a median salary of $37,059. which will come in handy at bill time.

2. Virtual Assistant/Virtual Bookkeeper – In today s digital age, virtual occupations are becoming more popular. Not only is hiring an virtual (or remote) worker a more economical option for employers, studies show that remote workers are also more productive and happier than those who report to an office on a daily basis. Virtual assistants pull in a median wage of $15/hour. and virtual bookkeepers estimate about $30/hour to $70/hour, depending on their qualifications and availability. If virtual work seems like your cup of tea, then look at sites such as Elance. Upwork (formerly oDesk), or LinkedIn .

3. Designer – Do you have web design skills or graphic design skills? Many businesses and startups could really use your services to get their marketing materials up to par. If you can only commit to smaller, one-off projects like a logo design, check out sites like Fivrr and GigBucks to get a few projects under your belt.

4. Consultant – Quite often, parents leave the working world to raise their children, but end up feeling guilty for wanting to return to their once-thriving careers. One way to fill the need to utilize the skills that you once used to pave a promising career path, while still being there for your child(ren), is to start a consulting business from home. Depending on your area of expertise and experience, you could pull in an impressive salary. Below are the median salaries for a few types of consultants:

5. Crafter/DIYer – If you are fortunate enough to be a decent crafter or DIYer, then you might consider selling your handmade goods online and generating an income that way. Etsy makes opening an online store easy-peasy, and the site s popularity is only growing check out one Etsy shop owner s inspiring story, here. A great way to gain momentum and some followers online is to post your products on Instagram. Pinterest. and Facebook .

Think you re past your prime for the entrepreneurial world? Think again. Mary Kay Ash started Mary Kay cosmetics at the seasoned age of 45 years old. World-renowned author, J.K. Rowling was a single mother on welfare until the age of 31, when she penned the outrageously successful Harry Potter series. For more inspiring stories about entrepreneurs who took the leap of faith later in life, check out this infographic by Funders and Founders .

Tell Us What You Think

Have you started a successful at-home business while being a stay-at-home parent? Share your inspiring story with our community on Twitter .



Records of the Small Business Administration SBA #best #business #banking


#the small business administration

#

Records of the Small Business Administration [SBA]

Overview of Records Locations

Table of Contents

  • 309.1 Administrative History
  • 309.2 Records of the Small Defense Plants Administration 1951-53
  • 309.3 General Records of the Small Business Administration 1954-68
  • 309.4 Records OF SBA Field Offices 1955-82
    • 309.4.1 Records of SBA Region I, Boston, MA (CT, ME, MA, NH, RI, VT)
    • 309.4.2 Records of SBA Region V, Chicago, IL (IL, IN, OH, MI, MN, WI)
    • 309.4.3 Records of SBA Region VI, Dallas, TX (AR, LA, NM, OK, TX)
    • 309.4.4 Records of SBA Region X, Seattle, WA (AK, ID, OR, WA)
  • 309.5 Motion Pictures (General) 1953-87
  • 309.6 Video Recordings (General) ca. 1969, ca. 1975, 1980-89
  • 309.7 Sound Recordings (General) 1980
  • 309.8 Machine-Readable Records (General) 1968-91 6 data sets

309.1 Administrative History

Established: As an independent agency by the Small Business Act (67 Stat. 232), July 30, 1953.

  • Small Defense Plants Administration (1951-53)

Functions: Provides financial assistance to small businesses and investment companies and to state and local development companies. Licenses and regulates small business investment companies.

Finding Aids: Forrest R. Holdcamper, comp. Preliminary Inventory of the Records of the Small Business Administration, NC 71 (Sept. 1964).

Related Records: Record copies of publications of the Small Business Administration and its predecessor in RG 287, Publications of the U.S. Government.

309.2 Records of the Small Defense Plants Administration
1951-53

History: Established by the Defense Production Act Amendments of 1951 (65 Stat. 131), July 31, 1951, to encourage small businesses to contribute to defense production. Abolished, effective July 31, 1953, by the Defense Production Act Amendments of 1953 (67 Stat. 131), June 30, 1953. Liquidation activities and prime contract administration transferred to the SBA by the Small Business Act of 1953, and EO 10504, December 1, 1953.

Textual Records: General correspondence, 1951-53. Sample case files relating to tax amortization, materials and equipment, contract procurement, certificates of competency, loans, and joint determination, 1951-53. General subject files, 1951-53. Records of Director of Contract Procurement Charles H. Swisher, relating primarily to the ammunition program, 1951-53.

309.3 General Records of the Small Business Administration
1954-68

Textual Records: Administrative subjects files, 1953-72 (372 ft.). Administrative and correspondence files of the Administrator, 1982-83. Personal subject files of Administrator James C. Sanders, 1983-84. National directives, 1965-75 (300 fiche). Sample case files relating to applications for business loans that were declined, canceled, or withdrawn, 1954- 55. Minutes of meetings, and conference proceedings, of the National Advisory Council and of regional and state advisory groups, 1954-68. Advisory Council files, 1969-70. Minutes of the Loan Review Board, 1953-56. Research reports from SBA sponsored studies, 1961-62.

309.4 Records OF SBA Field Offices
1955-82

309.4.1 Records of SBA Region I, Boston, MA (CT, ME, MA, NH, RI, VT)

Textual Records (in Boston): Advisory Council records maintained by the Concord, NH, District Office, 1971-74.

309.4.2 Records of SBA Region V, Chicago, IL (IL, IN, OH, MI, MN, WI)

Textual Records (in Chicago): Advisory Council records maintained by the Chicago District Office, 1974-77.

309.4.3 Records of SBA Region VI, Dallas, TX (AR, LA, NM, OK, TX)

Textual Records (in Fort Worth): Advisory Council records maintained by the Dallas, TX, Regional Office, 1972-82. General correspondence of district and community advisory councils, 1967- 70. Records relating to Disaster Field Offices, 1955-69.

309.4.4 Records of SBA Region X, Seattle, WA (AK, ID, OR, WA)

Textual Records (in Seattle): Advisory Council records maintained by the Boise, ID, District Office, 1966-72.

309.5 Motion Pictures (General)
1953-87
74 reels

Informational and instructional films for prospective small business owners, covering such areas as advertising, marketing, employee relations, women in business, customer service, financial analysis, cash flow forecasting, recordkeeping, and theft prevention (75 reels).

309.6 Video Recordings (General)
ca. 1969, ca. 1975, 1980-89

Pension, made for information and training, ca. 1969 (1 item). Your Business Resource, explaining SBA mission and functions, ca. 1975 (1 item). Office of Advocacy productions, 1980-89 (25 items).

Structuring a State’s Small Business Program, 1980 (3items).

309.8 Machine-Readable Records (General)
1968-91
6 data sets

Loan Accounting Cash Collection System (LACCS) data files for the period 1968-88 and for fiscal years 1989 and 1990, consisting of public domain files and unsuppressed ( archives ) files, with supporting documentation.

Bibliographic note: Web version based on Guide to Federal Records in the National Archives of the United States. Compiled by Robert B. Matchette et al. Washington, DC: National Archives and Records Administration, 1995.
3 volumes, 2428 pages.

This Web version is updated from time to time to include records processed since 1995.

Guide to Federal Records



Small Business #best #business #schools


#small business admin

#

About Us

Palm Beach SCORE chapter is a nonprofit organization that provides small business counseling and training and works closely with the Small Business Administration (SBA) . PB SCORE has over 60 local mentors from virtually every business category you can imagine: marketing, manufacturing, service, retail sales, export, legal and many more. No matter where you are in business, we can help: I have a great idea, now what?; Startup idea; help becoming a successful business; help managing success; buying a business; selling a business; relocation; a new start West Palm Beach SCORE will find someone to help you succeed!

  • We offer support such as: Free, unlimited counseling at our office, business site, over Internet or telephone whatever works best for you.
  • Excellent selection of free business workshops designed to give you the training and insight you need to thrive in today s market.
  • Help with government information and resource material SBA guarantee loans . alternate financing programs, grants and many more.
  • Advanced low-cost workshops, local events and training Quickbooks; Buying a business; Simple Steps to Start; business plans; + many more!

SCORE National – an SBA (Small Business Administration) Subsidiary

SCORE is a nonprofit association dedicated to educating entrepreneurs and helping small businesses start, grow, and succeed nationwide. SCORE is a resource partner with the U.S. Small Business Administration (SBA), and has been mentoring small business owners for more than forty years.

SCORE is a valuable network of 13,000+ volunteers who offer small business entrepreneurs confidential business counseling services at no charge. SCORE volunteers have the knowledge and experience to help any small business owner get the help they need. Our dedicated volunteers represent over 3,000 years of experience across 62 industries.

SCORE also provides local workshops and events throughout the country to connect small business owners with the people and information they need to start, grow, and maintain their businesses, as well as online workshops available 24/7. SCORE provides resources, templates and tools to assist entrepreneurs in developing tools and plans they need to navigate their way to small business success.

Founded in 1964, SCORE is headquartered in Herndon, VA and has 364 chapters throughout the United States and its territories, with over 13,000 volunteers nationwide.



Stanford University #business #signs


#best business schools

#

Stanford University

Business School Overview

The Graduate School of Business at Stanford University offers these departments and concentrations: accounting, e-commerce, economics, entrepreneurship, finance, general management, human resources management, leadership, manufacturing and technology management, marketing, not-for-profit management, production/operations management, organizational behavior, portfolio management, public administration, public policy, real estate, sports business, supply chain management/logistics, quantitative analysis/statistics and operations research, and technology. Its tuition is full-time: $64,050 per year. At graduation, 71.7 percent of graduates of the full-time program are employed.

Leadership is one focus of graduate business programs on Stanford s sunny campus. Students grapple with simulations of tough management cases, like having to lay off employees. Each simulation is filmed, too, so students can critique themselves and learn from each other. The GSB also hosts the The View From the Top speaker series, which brings in leaders of major corporations across the country to speak to students about effective management.

Students at GSB can earn an MBA, or a Ph.D. in seven areas. Seasoned managers can enroll in the MSx Program and will earn a Master of Science degree in management in 12 months. There are no part-time, online or evening degree options offered. MBA students can opt for joint or dual degree programs through Stanford s Law School. School of Engineering. School of Medicine. School of Education. School of Humanities and Sciences, and School of Earth Sciences. For students who want to explore a subject without committing to a degree, there are more than 30 cross-school elective courses to choose from. There are also specialty programs, like the summer Stanford Ignite certificate program, open to graduate non-business students.

When not studying, students can get involved in more than 70 organizations, which range from the studious Finance and Investment Club to the relaxed Wine Circle. There are also ongoing campus initiatives like the Center for Social Innovation and the Center for Leadership Development and Research.

The business school is located on the eastern end of the Stanford campus, and GSB students may live nearby in university housing. Most on-campus residents are first year MBA students who all live in the same housing complex. To get around campus and downtown Palo Alto, Calif. students can hop on the school s free bus, called the Marguerite Shuttle. Notable alumni of the school include Richard Kovacevich, former chairman and CEO of Wells Fargo Co.; John Donahoe, president and CEO of eBay; and Ellen Siminoff, founding executive of Yahoo!

Admissions



Same-Day Franchise Financing Up To $250K #business #card #template


#franchise loans

#

Franchise Financing

Looking for an easier way to get financing for your franchise? You ve come to the right place. Balboa Capital is a leading direct lender that specializes in franchise financing. We can structure and deliver a flexible, affordable solution that works within your budget. We make the entire process quick and efficient, and you will work with a single point-of-contact every step of the way. If you are purchasing new furniture, fixtures and equipment (FF E), starting the re-imaging process, or launching a property improvement program (PIP), we can help.

  • Financing Plans Up to $1 Million Per Owner/Operator
  • Franchise Working Capital Loans up to $1 Million
  • Credit Lines up to $500,000
  • Up to 70%/30% Soft Cost/Hard Cost Financing
  • 24-60 Month Terms
  • Up to 84-Month Terms for Acquisition Financing and Remodels
  • Easy Application Process
  • Competitive Rates
  • Fast Funding
  • Possible Tax Deduction Ask Your Accountant


Business calendar example #business #partner #wanted


#business calendars

#

Business calendar example

This month business calendar example reminds about the date and time of business and private appointments and events.
“A wall calendar is a calendar intended for placement on a wall. Wall calendars can serve as reminders of holidays, important events, and company events.
Businesses frequently give wall calendars away for free to customers as promotional merchandise.” [Wall calendar. Wikipedia]
This business calendar example was created using the ConceptDraw PRO diagramming and vector drawing software extended with the Calendars solution from the Management area of ConceptDraw Solution Park.

Business calendar is a special type of calendar, it must be functional, convenient for scheduling the affairs and meetings, and also must have strict, official and unobtrusive interface. So you must pay special attention to the business calendar design. Now you don’t need to be an artist to design business calendar thanks to the unique drawing tools of Calendars Solution for ConceptDraw PRO diagramming and vector drawing software.

The calendars around us everywhere in the modern world. There are a lot of calendar types, each of them has its own assignment: Business calendar, Personal calendar, Economic calendar, Financial calendar, Daily calendar, Monthly calendar, and many other useful calendar types. ConceptDraw PRO offers you the possibility to make your own unique calendars on the base of the Blank Calendar Template which is included to the Calendars Solution from the Management Area.

Milliard of people every day use the calendars which around us everywhere. For their creating designers apply large efforts, and also all their fantasy to make them attractive. Now we are glad to offer you the effective drawing tool – Calendars Solution from the Management Area for ConceptDraw Solution Park which contains the ready-to-use Blank Calendar shapes.

ConceptDraw PRO has a large selection of various shapes, objects and clip-arts. It also has a tool that helps you find exactly what you need. ConceptDraw PRO has calendar objects available, and it’s very easy to customize it and set your dates. The ability to create a custom calendars is delivered by the Calendars solution. With the help of ConceptDraw PRO you can create a calendar that helps you plan your day / week / month and do not forget about the important things in life. For any day in your custom calendar, you can create a task list and add hyperlinks to a relevant information.

ConceptDraw PRO
Video Lessons

Calendars

Calendars solution extends ConceptDraw PRO software with templates, samples and library of vector stencils for drawing the business calendars and schedules.

The economic calendar is a convenient way to display the economic events, the situation on the financial markets, it is a handy tool to keep track the chronology and dynamics of important events in the economy. But how design an economic calendar? ConceptDraw PRO extended with Calendars Solution from the Management Area is a useful, convenient and effective software for quick and easy design professional looking and attractive economic calendars.

Use ConceptDraw PRO diagramming and business graphics software to draw your own flowcharts of business processes.

These donut chart templates was designed using ConceptDraw PRO diagramming and vector drawing software extended with Pie Charts solution from Graphs and Charts area of ConceptDraw Solution Park. All these donut chart templates are included in the Pie Charts solution. You can quickly rework these examples into your own charts by simply changing displayed data, title and legend texts.

Human Resource Development (HRD) focuses on the help employees develop their personal and organizational skills, abilities, and knowledge, HRD also helps to adapt an organization to the changing of external environment. ConceptDraw PRO diagramming and vector drawing software supplied with HR Flowcharts Solution from the Management Area of ConceptDraw Solution Park can effectively help in labour-intensive process of human resource development.

ConceptDraw PRO extended with Seven Management and Planning Tools Solution from the Management Area of ConceptDraw Solution Park is the best software for drawing all types of diagrams from the Seven Management and Planning Tools: Affinity Diagram, Relations Diagram, Prioritization Matrix, Root Cause Analysis Tree Diagram, Involvement Matrix, PERT Chart, and Risk Diagram (PDPC).

Human resource management (HRM) is a professional discipline which oversees and manages an organization’s human resources, and aspires maximize employee performance for an employer’s strategic objectives. The HR Management Software is an incredibly powerful tool for those who need to analyze or present human resource process flows in a visually effective manner.

Business Processes

Business Process solution extends ConceptDraw PRO software with business process diagrams as cross-functional flowcharts, workflows, process charts, IDEF0, timelines, calendars, Gantt charts, business process modeling, audit and opportunity flowcharts.

Management Area

The solutions from Management area of ConceptDraw Solution Park collect templates, samples and libraries of vector stencils for drawing the management diagrams and mind maps.

ConceptDraw PROJECT allows you to modify common working hour schedules individually for each employee.



The UTD Top 100 Business School Research Rankings – Naveen Jindal School

#business school rankings

#

Research Rankings Overview

The UT Dallas Naveen Jindal School of Management has created a database to track publications in 24 leading business journals. The database contains titles and author affiliations of papers published in these journals since 1990. The information in the database is used to provide the top 100 business school rankings since 1990 based on the total contributions of faculty.

Additionally, the database can also be searched by:

  • Any journal or combination of journals between the time period 1990 to date to get a ranking of schools
  • School name to see a list of publications by a school for any combination of journals and time period between 1990 to date
  • Author name to see a list of publications by an author for any combination of journals and time period between 1990 to date
  • Key phrase in article name to see a list of publications containing that phrase for any combination of journals and time period between 1990 to date

The Jindal School of Management maintains and keeps this website current to provide timely data on research productivity in leading research journals across major disciplines in business schools. The school has worked hard to ensure data integrity, but as with any project of this type where the affiliation data is not always clear, some errors may exist. If you spot an error, please send us the corrections at Top 100 Admin.

List of Journals

The Accounting Review

Journal of Accounting and Economics

Strategic Management Journal

Methodology

UT Dallas Naveen Jindal School of Management provides a tool to study research contributions based on publications in 24 leading journals in major business disciplines. The database contains author and affiliation information on all papers published in these journals since 1990. Authors affiliations are recorded at the time of the paper publication.

A single-authored paper results in the school of affiliation being credited with a score of 1. If there are multiple authors from different schools, each school gets a score of p/n, where p is the number of authors from the same school and there are a total of n authors on the article. If an author lists multiple affiliations, each of the schools that author is affiliated with gets a corresponding scaled score. For example, if one of the n authors lists m affiliations, each school that author is affiliated with gets a score of 1/nm.

The database can be searched by any period between 1990 to the current year for any combination of journals, resulting in aggregated scores for schools. This provides a clear picture of contributions from each school for the selected journals and time period. One can also search the database by school names, author names and key phrases in the title.

The Jindal School of Management also provides a ranking of the top 100 schools in North America and worldwide based on publications in all 24 journals for the last five-year time period. The school also provides links to prior rankings starting with the period 2000-2004.

Disclaimer

Although every effort has been made to ensure the accuracy of the information, the nature and diversity in which author affiliation information is provided in the journals sometimes make it hard to categorize and report the information accurately. UT Dallas Jindal School of Management has attempted to verify information using the web when possible.

While searching for articles, author names are provided in the search results. They are not listed in the sequence specified in the published paper. Also note that when information on authors is provided, if the same author is listed twice, it indicates that the author has listed multiple affiliations.

If you believe there is an error in the information provided, please send specific information to the administrator.

The Naveen Jindal School of Management appreciates your input to this ongoing research effort.



SBA Lending › BBCN Bank #business #loan #interest #rates


#sba financing

#

SBA Lending

SBA 7(a) Loans

If you’re looking to purchase inventory, equipment and machinery, an existing business or commercial property, 7(a) loans offer the longest terms available to repay the loan.

  • Loan terms from 7 to 10 years for business purposes
  • Loan terms up to 25 years for owner-occupied commercial real estate property
  • $50,000 to $5 million in available financing
  • Quick pre-approval and decision process

Benefits

  • SBA PLP Lender
  • Quick decision making process
  • Experience in helping small businesses succeed

SBA 504 Loans

Under this program, BBCN Bank provides 1st Deed financing and the Certified Development Company (CDC) provides 2nd Deed financing for commercial property purchases. What makes these loans so advantageous is that business owners only need to contribute as little as 10% equity into a project.

  • Loan terms up to 10 years with amortization schedule, from 20 to 25 years (1st Deed)/ from 20 years (2nd Deed)
  • For purchase of commercial property (51% owner occupied) or hotel/motel
  • $500,000 to $15 million in available financing
  • Up to 90% financing (90% LTV)

Benefits

  • SBA PLP Lender
  • Quick decision making process
  • Experience in helping small businesses succeed

SBA Express Loans

The SBA Express program gives small business borrowers an accelerated turnaround time for SBA’s review.

  • Loan amounts up to $350,000
  • Quick pre-approval and decision process
  • Financing for a variety of business purposes
  • Ease cash flow with extended repayment terms

Benefits

  • SBA PLP Lender
  • Quick decision making process
  • Experience in helping small businesses succeed

SBA Working Capital Program (EWCP)

As trade financing specialists, BBCN Bank’s SBA and Commercial Lending teams can provide a better understanding of SBA’s export lending programs, and are able to guide you through the process every step of the way. The benefits of an EWCP loan include:

  • Financing for suppliers, inventory or production of export goods
  • Ideal for export working capital during long payment cycles
  • Allows exporter to extend more liberal global sales terms
  • Low fees and quick processing times

Benefits

  • SBA PLP Lender
  • Quick decision making process
  • Experience in helping small businesses succeed

See how BBCN Bank can make a difference for your company with an SBA loan.

Note: PLP = Preferred Lenders Program