Small Business Financing Ellensburg WA

Looking for Small Business Financing in Ellensburg? We have compiled a list of businesses and services around Ellensburg that should help you with your search. We hope this page helps you find Small Business Financing in Ellensburg.

Mr. David J. Fevergeon, CFP®
(509) 925-5105
1206 N Dolarway Rd Ste 219
Ellensburg, WA
KMS Financial Services, Inc.
Areas of Specialization
Comprehensive Financial Planning, Education Planning, General Financial Planning, Insurance Planning, Investment Management, Investment Planning, Retirement Income Management
Key Considerations
Average Net Worth: $250,001 - $500,000

Average Income: $50,001 - $100,000

Data Provided By:
US Bank - Ellensburg Office
(509) 962-7451
500 N Pearl
Ellensburg, WA
Drive Up Hours
Mon 09:00 am to 05:00 pm
Tue 09:00 am to 05:00 pm
Wed 09:00 am to 05:00 pm
Thur 09:00 am to 05:00 pm
Fri 09:00 am to 06:00 pm

Wells Fargo - Ellensburg
(509) 925-4191
104 E 4Th Ave
Ellensburg, WA
Office Hours
Mon-Fri 09:00 AM-06:00 PM
Sat 09:00 AM-04:00 PM
Sun Closed

Heidi Davis
Columbia Financial Planning, LLC
(425) 943-0001
8 Columbia Key
Bellevue, WA
Retirement Plan Investment Advice, Investment Advice without Ongoing Management, Retirement Planning & Distribution Rules, Planning Concerns for Corporate Executives, Women's Financial Planning Issues, College/Education Planning
NAPFA Registered Financial Advisor, CFP®, MBA

Robert Pool
Arcadia Investment Advisors
(360) 823-0477
1607 Officers Row
Vancouver, WA
Ongoing Investment Management, Helping Clients Identify & Achieve Goals, Retirement Planning & Distribution Rules, Retirement Plan Investment Advice
NAPFA Registered Financial Advisor, CFP®, CFS, MSFS

Wells Fargo - Ellensburg Mb
(509) 925-5128
104 E 4Th Ave
Ellensburg, WA
Motor Bank
Office Hours
Mon-Fri 09:00 AM-06:00 PM
Sat-Sun Closed

Chase Bank
(509) 933-7333
201 S Water St, Ste A
Ellensburg, WA
Office Hours

Wells Fargo - Cle Elum
(509) 674-7577
303 E Railroad St
Cle Elum, WA
Office Hours
Mon-Thu 09:00 AM-05:00 PM
Fri 09:00 AM-06:00 PM
Sat-Sun Closed

Karen O'Brien
trueNorth Financial Services, LLC
(206) 652-4314
1411 Fourth Avenue, Suite 1500
Seattle, WA
Helping Clients Identify & Achieve Goals, College/Education Planning, Tax Planning, Ongoing Investment Management, Retirement Planning & Distribution Rules
NAPFA Registered Financial Advisor, CFP®, CPA

Gregory Stapp
Stapp Financial Planning, PLLC
(360) 754-8895
1800 Cooper Point Road SW, Building 10
Olympia, WA
Ongoing Investment Management, College/Education Planning, Retirement Planning & Distribution Rules, Advising Medical Professionals
NAPFA Registered Financial Advisor, BA, CFP®, CPA/PFS, MS

Data Provided By:

Business Financing From The SBA / Small Business Administration

The Small Business Administration is the most useful resource available to startups and established small businesses. An Independent agency of the Executive branch of the Federal Government, the SBA has the responsibility of providing assistance to American small businesses in the areas of advocacy, management, procurement, and financial assistance. The SBA financing comes in the forms of investment programs, business loan programs, disaster loan programs, and bonding for contractors. In most cases, the SBA should be the first business financing resource a small business owner looks to for their financing needs.

The SBA has three different loan programs for small business financing . It is important to know that while the SBA has these programs, they do not actually provide the business financing . The SBA sets the guidelines for these loans, then their partners, which include lenders, community development organizations, and microlending institutions, actually make the loan to small businesses . The SBA guarantees the loans, to reduce the risk to the lenders.

The first type of business loan that the SBA offers is the Basic 7(a) Loan Guaranty. When a small business is unable to obtain financing from other sources, this is the primary business loan program offered. This is the SBA's most flexible business financing program, and it is ideal for start up business financing as well as established business financing . This type of new business financing can be used for most business purposes, such as working capital, equipment, office furnishings, land and building, leases, and even debt refinancing. The maturity date of the loan varies, depending on what the loan is used for. For working capital, the loan maturity is up to 10 years, while it is generally up to 25 years for fixed assets.

There are several different variations of the Basic 7(a) loan program, designed to fill specific needs. This type of loan is the closest a small business owner can get to free business financing, because any fees that the SBA has for administration are charged to the lender. However, the lender does have the right to make those fees a part of your loan, which means that you may ultimately pay those fees.

The second type of loan that the SBA offers is the Microloan. This is known as the 7(m) loan program. These are short-term loans of up to $35,000, and are primarily for small businesses and non-profit child care centers. They are meant to provide working capital, inventory purchases, supplies, furnishings, and equipment. They may not be used to pay existing debts or to purchase real estate. This type of business financing is great for business owners who wish to expand.

The third type of small business financing available through the SBA is a Certified Development Company (CDC) loan. Known as the 504 loan program, these loans should only be sought by businesses that require brick and mortar financing . These are long-term...

Click here to read the rest of this article from GlobalBx